Crocker v. Old Colony Railroad

The plaintiff brings this bill in equity as the administrator de bonis non with the will annexed of the estate of James Dillon, having succeeded one Rand, who was the original executor appointed by the will. The bill alleges, in substance, that Rand, as such executor, owned twenty shares of the capital stock of the defendant corporation; that he fraudulently transferred them to the Suffolk National Bank as security for a note of James Dillon, Jr.; that the defendant, knowing the fraud, negligently and wrongfully recorded the transfer, and issued a new certificate to the bank; that, upon the…