Hearne v. Commercial Nat. Bank

The plaintiffs in this case sued G. G. Gilette and obtained against him a writ of attachment under which they garnished certain shares of stock in an oil company, in the hands of the defendant. Defendant contested the right of plaintiffs to execute upon the stock for the reason that the certificates evidencing the same, although deposited in its custody by Gilette, had been indorsed in blank, and it further showed that it had issued negotiable trust certificates in representation of said shares of stock, which *490certificates it might be called upon at any time to honor, wherefore in order to…