Cochran v. Fox Chase Bank
Supreme Court of Pennsylvania
Appeal, No. 204, Jan. T., 1903, by defendant, from judgment of C. P. No. 3, Phila. Co., March T., 1902, No. 2989, on verdict for plaintiff, in case of Louisa T. Cochran v. The Fox Chase Bank. Assumpsit for the alleged wrongful conversion of coupon bonds. Before Finletter, P. J. The facts appear by the opinion of the Supreme Court. The court gave binding instructions for plaintiff. Verdict and judgment for plaintiff for $3,806. Defendant appealed.
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Appeal, No. 204, Jan. T., 1903, by defendant, from judgment of C. P. No. 3, Phila. Co., March T., 1902, No. 2989, on verdict for plaintiff, in case of Louisa T. Cochran v. The Fox Chase Bank. Assumpsit for the alleged wrongful conversion of coupon bonds. Before Finletter, P. J. The facts appear by the opinion of the Supreme Court. The court gave binding instructions for plaintiff. Verdict and judgment for plaintiff for $3,806. Defendant appealed. Error assigned was in giving binding instructions for plaintiff.
1Opinion of the Court
Opinion by
Mr. Justice Dean,
We are all of opinion this judgment must be reversed. However, the importance "of the case to the parties and to many others in like business transactions as well as the judicial weight to which the opinion of the experienced judge who tried the issue is entitled, renders it proper for us to again put upon record our view of the law, a course we do not usually adopt when the case is clear and we are all of one mind.
The question involved is: “ Whether or not a bank, to which stolen coupon bonds payable to bearer have been pledged as collateral security for a loan by…
2Cases cited2 opinions
- County of Beaver v. ArmstrongSupreme Court of Pennsylvania · 1863
- Mason v. FrickSupreme Court of Pennsylvania · 1884
3Cited by14 opinions
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- Colonial Trust Co. v. Central Trust Co.Supreme Court of Pennsylvania · 1914
- Porter v. LeveringSupreme Court of Pennsylvania · 1938
- Siano v. HelveringDistrict Court, D. New Jersey · 1936
- E.F. Houghton & Co. v. DoeSuperior Court of Pennsylvania · 1993
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