Legal Opinion
Ibanez v. Farmers Underwriters Assn.
California Supreme Court
Decided May 21, 1975No. L.A. 30417PublishedCited by 4 opinions
1Opinion of the Court
Opinion
RICHARDSON, J.
In this case we consider various provisions of the California Uniform Commercial Code which govern the rights and duties of the owners of corporate securities which have been lost, destroyed or stolen. Plaintiffs, the owners of the securities in question, brought suit against defendant issuers to obtain replacement certificates contending that defendants had improperly registered a transfer of the securities upon a forged indorsement. (See Cal. U. Com. Code, § 8311.) Defendants, however, maintained that (1) the transferred securities were properly indorsed by plaintiffs…
2Cases cited2 opinions
- Parsons v. Bristol Development Co.California Supreme Court · 1965
- Weller v. American Telephone and Telegraph Co.Court of Chancery of Delaware · 1972
3Cited by4 opinions
- Security Pacific National Bank v. ChessCalifornia Court of Appeal · 1976
- First National Bank v. HoveyMassachusetts Appeals Court · 1980
- Irwin C. Glaser v. Texon Energy CorporationCourt of Appeals for the Fifth Circuit · 1983
- Anthony Miele, III v. Franklin Resources, Inc.Court of Appeals for the Ninth Circuit · 2018