Bateman v. Gits
New Mexico Supreme Court
Appeal from the District Court for Chaves County, before William II. Pope, Chief Justice. Transfer of shares of stock of a corporation. Laws 1905, chap'. 79, secs. 21, 126, 130; R. S. U. S. 5139. No brief.
1Opinion of the Court
OPINION OF THE COURT.
MECHEM, J.
1 The property involved here are shares m a National Bank. The owner Gits had endorsed the certificates representing the shares in blank and had put them up as collateral for a loan. Thereafter the appellant sued out an attachment and attached the stock. On the books of the bank there was nothing to show that the shares were held by anjeóme other than Gits. Of the attachment the .pledgee had no notice. The court below found and adjudged that the attaching creditor’s lien was subject to the lien of the pledgee. The question here has been before the courts of this…
2Cases cited4 opinions
- Continental Nat. Bank v. Eliot Nat. BankU.S. Circuit Court for the District of Massachusetts · 1881
- Corcoran v. Sonora Mining & Milling Co.Idaho Supreme Court · 1902
- Doty v. First National BankNorth Dakota Supreme Court · 1892
- Hazard v. National Exchange Bank of NewportU.S. Circuit Court for the District of Rhode Island · 1886