Whitford v. . Lane

Action by plaintiff to recover of defendant ten Liberty Loan Bonds of the par value of $10,000, or in lieu thereof, the value of said bonds.

On 5 February, 1921, plaintiff, owner of said bonds, delivered the same to the Pollocksville Banking Trust Company, under an agreement in writing by which the said Pollocksville Banking Trust Company agreed to return the said bonds to plaintiff on or before 1 January, 1922. Subsequently Pollocksville Banking Trust Company transferred said bonds to the New Bern Banking Trust Company as collateral security for the payment of its note to the said New Bern…