Palmbaum v. Magulsky
Massachusetts Supreme Judicial Court
Contract on a promissory note for $700, signed by the defendant and payable to the plaintiff, dated September 28, 1908, and reciting the deposit as collateral security of seven shares of the capital stock of the American Biscuit Company. Writ in the Municipal Court of the City of Boston, dated November 5, 1912. The material allegations contained in the answer are described in the opinion.
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Contract on a promissory note for $700, signed by the defendant and payable to the plaintiff, dated September 28, 1908, and reciting the deposit as collateral security of seven shares of the capital stock of the American Biscuit Company. Writ in the Municipal Court of the City of Boston, dated November 5, 1912. The material allegations contained in the answer are described in the opinion. On removal to the Superior Court the case was tried before Bell, J. The evidence is described in the opinion. The plaintiff, as there stated, asked for nine rulings, the last four of which were made by the…
1Opinion of the CourtCrosby, J.
This is an action of contract upon a promissory note executed and delivered by the defendant to the plaintiff for money advanced by him (the plaintiff) to the defendant, with which he (the defendant) purchased certain shares of stock in a corporation known as the American Biscuit Company, in which the plaintiff and one Hoffman were also shareholders. The stock so purchased by the defendant was held by the plaintiff by assignment to secure the payment of the note.
It appeared at the trial that about two years after the note was given the defendant agreed with the plaintiff, in consideration of…
2Cases cited5 opinions
- Old Dominion Copper Mining & Smelting Co. v. BigelowMassachusetts Supreme Judicial Court · 1909
- West v. CamdenSupreme Court of the United States · 1890
- Guernsey v. CookMassachusetts Supreme Judicial Court · 1876
- Woodruff v. WentworthMassachusetts Supreme Judicial Court · 1882
- Gibbs v. SmithMassachusetts Supreme Judicial Court · 1874
3Cited by18 opinions
- Weil v. NearySupreme Court of the United States · 1929
- Manson v. . CurtisNew York Court of Appeals · 1918
- Schreiber v. CarneyCourt of Chancery of Delaware · 1982
- Hellier v. AchornMassachusetts Supreme Judicial Court · 1926
- Sampliner v. Motion Picture Patents Co.Court of Appeals for the Second Circuit · 1918
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