Syndics of Yard & Blois v. Mechanics' & Traders' Bank
Supreme Court of Louisiana
APPEAL FROM THE COURT OF THE FIRST JUDICIAL DISTRICT. The syndics of Yard & Blois instituted suit against the Mechanics’ and Traders’ Bank, to compel the latter to surrender to them one hundred and fifty shares of stock, which the insolvents had pledged to secure' the payment of a note of two thousand five hundred and twenty dollars, which they allege is now paid, and that the defendants refuse to give up the pledge.
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APPEAL FROM THE COURT OF THE FIRST JUDICIAL DISTRICT. The syndics of Yard & Blois instituted suit against the Mechanics’ and Traders’ Bank, to compel the latter to surrender to them one hundred and fifty shares of stock, which the insolvents had pledged to secure' the payment of a note of two thousand five hundred and twenty dollars, which they allege is now paid, and that the defendants refuse to give up the pledge. The Bank averred, the stock in question was pledged on the 17th April, 1834, to secure a note of two thousand five hundred dollars, by the pledgors, “ and any other note or…
1Opinion of the CourtBullard, J.
The plaintiffs sue as syndics of Yard & Blois, to recover certain certificates of stock belonging to the insolvents, which had been by them deposited in pledge for a loan from the bank, which they allege has been paid, and they pray, that the bank may be condemned to surrender the stock, or pay the value of it.
The defendants answer, that the stock was pledged, not only to secure the payment of the note of the insolvents, for two thousand five hundred and twenty dollars, which it is admitted has been paid, but, further to secure the payment of any other note or obligation then due, or about to…
2Cited by1 opinion
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