Howard v. National Copper Bank

MOFFAT, Justice.

Some time in January, 1917, Thomas A. Howard, the plaintiff and appellant, borrowed from Isaac Brockbank, his brother-in-law, the sum of $150, and gave his promissory note as evidence of the obligation. To secure the note Howard indorsed and delivered to Brockbank certificate No. 94 of the Upper Canal Irrigation Company, for 18.7 shares of stock of said company. At the time of delivery the stock certificate was indorsed by Howard as follows:

“For value received I hereby sell, assign and transfer unto Isaac Brockbank-shares of the Capital Stock represented by the within…