Trousdale v. Amerman

The opinion of the court was delivered by

Hopkins, J.:

The action was one to recover for the conversion of certain bonds issued by the Arctic Ice and Refrigerating Company. Plaintiffs prevailed and defendants appeal.

Very briefly and in substance the facts are these: The Arctic

Ice and Refrigerating Company was in financial difficulties. Its stock was owned by the Trousdale family, including Lillian Trousdale Phillips, and Charles Phillips, one of the defendants. The com*615pany had outstanding the bonds in controversy, which were owned by the Trousdales. Phillips filed a schedule in bankruptcy for…