Amlung v. First National Lincoln Bank of Louisville

GEORGE O. BERTRAM, Special Commissioner.

Appellant instituted this action against appellee bank for return of her 297 shares of the common stock of Falls City Brewing Company. On December 9, 1960, appellant and her husband, Bertram W. Amlung, borrowed $24,109.74 from appellee, for which they executed their promissory note on the same date, in order to pay a debt owing another bank by the husband. On the same date appellant executed a pledge or hypothe-cation agreement pledging her 297 shares as security, together with a power of attorney in blank for the sale of the collateral if it became…