Legal Opinion
Griffin v. Smith
California Supreme Court
Decided February 11, 1918No. S. F. No. 7915PublishedCited by 3 opinions
The facts are stated in the opinion of the court.
1Opinion of the CourtSloss, J.
On June 12, 1912, the defendant executed and delivered to plaintiff a demand note for three thousand dollars, secured by a pledge of certain shares of stock. A collateral agreement made at the same time authorized the holder of the note, in case of default, to sell the pledged property at public or private sale, with or without notice to the pledgor. This action was brought in January, 1914, to foreclose the lien of the pledge.
The court found that $750 of the principal and $150.05 of the interest due on the note was unpaid, and that the plaintiff had waived any right to a deficiency or…
2Cases cited2 opinions
- Hiscock v. Varick Bank of New YorkSupreme Court of the United States · 1907
- In re HollowayDistrict Court, D. Kentucky · 1899
3Cited by3 opinions
- Beck v. UnruhCalifornia Supreme Court · 1951
- Oilfields Syndicate v. American Improvement Co.Court of Appeals for the Ninth Circuit · 1919
- Boteler v. KoulourisCalifornia Court of Appeal · 1934