Downer's Administrator v. Zanesville Bank
Ohio Supreme Court
Case for refusing to permit the plaintiff to transfer stock of the-intestate in the bank. The cause was submitted to the court upon an agreed state of facts which are sufficiently noticed in the decision.
1Opinion of the CourtWright, J.
The facts agreed showthat the plaintiff’s intestate-died the owner of ten shares of the stock of the bank, and was indebted. to the bank on two notes, executed by him as principal, and another as security, according to the customary form of notes for-discount. On one of these notes for $100, the time for payment had expired: the other, for $900, had not run to maturity. The-intestate died insolvent. The plaintiff had money to his credit in-bank, more than sufficient to pay the $100 note, was willing to pay, and offered to transfer the stock on the books, but was refused permission to do so by…
2Cases cited2 opinions
- Warner v. MyersClackamas County Circuit Court, Oregon · 1870
- State v. CuttingClackamas County Circuit Court, Oregon · 1870