Rubinstein v. Lawson

Plaintiff was a stockholder of record in the Bank of United States when the bank was closed by the Superintendent of Banks. He was the record owner of twenty shares of the stock. On December 10, 1930, he sold this stock to the firm of Englander, Birnbaum & Co. That firm, on the day before, had sold thirty unidentified shares of the bank stock to the firm of M. S. Wien & Co. On December tenth, M. S. Wien & Co. sold twenty-five unidentified shares of the stock to the firm of Lawson & Co. On December 11, 1930, the Superintendent of Banks took possession of the bank before the opening of business…