Shattuck v. American Cement Co.
Supreme Court of Pennsylvania
Appeal, No. 243, Jan. T., 1902, by defendant, from judgment of C. P. No. 2, Pbila. Co., Deo. T., 1899, No. 216, on case stated in case of Frank R. Shattuck v. American Cement Company. Case stated to determine the validity of transfer of stock.
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Appeal, No. 243, Jan. T., 1902, by defendant, from judgment of C. P. No. 2, Pbila. Co., Deo. T., 1899, No. 216, on case stated in case of Frank R. Shattuck v. American Cement Company. Case stated to determine the validity of transfer of stock. The case stated was as follows : On September 7, 1899, plaintiff purchased from Jamison Brothers & Company 1,500 shares of the stock of the American Cement Company, being certificates Nos. 488 to 491, inclusive, and Nos. 503 to 508, inclusive, making in all fifteen certificates for 100 shares each, each certificate being in form as follows: “ TEMPORARY…
1Opinion of the Court
Opinion by
Mb. Justice Bbown,
It seems to be useless for us to call the attention of some of the lower courts to the propriety of an opinion containing the *205reasons for entering a judgment where reasons manifestly ought to be given. In the present case reasons for the judgment entered certainly ought to have been given, and it is to be regretted that the learned court withheld them.
When the appellee purchased the stock from Jamison Brothers & Company, they handed to him proper certificates, with an assignment and power of attorney on the back of each, signed by them in blank. They parted with…
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