Fromm v. Sierra Nevada Silver Mining Co.
California Supreme Court
Appeal by defendant from the judgment of the Superior Court of the City and County of Saii Francisco, and from an order denying a motion for a new trial. Hunt, Jr., J. Action for tho conversion of personal property. The trial was before the Court below, April 13, 1880, without a jury.
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Appeal by defendant from the judgment of the Superior Court of the City and County of Saii Francisco, and from an order denying a motion for a new trial. Hunt, Jr., J. Action for tho conversion of personal property. The trial was before the Court below, April 13, 1880, without a jury. Tho facts were as follows: On or about the twenty-sixth day of March, 1879, the plaintiff purchased in the market at San Francisco, ten shares of the capital stock of defendant, and received from his vendor a certificate representing ten shares of said capital stock, which had been issued by tho defendant to…
1Opinion of the Court
The Court:
Section 3336 of the Civil Code is as follows: “ The detriment caused by the wrongful conversion of personal property is presumed to be: 1. The value of the property at the time of the conversion, with interest from that time; or, where the action has been prosecuted with reasonable diligence, the highest market value of the property at any time between the conversion and the verdict, without interest, at the option of the injured party.” * * *
The conversion in this case took placé on the twenty-sixth day of March, 1879, and the action was brought on the twenty-third day of May,"…
2Cited by8 opinions
- Ralston v. Bank of CaliforniaCalifornia Supreme Court · 1896
- London, Paris & American Bank v. AronsteinCourt of Appeals for the Ninth Circuit · 1902
- Clapp v. VatcherCalifornia Court of Appeal · 1908
- Potts v. PaxtonCalifornia Supreme Court · 1915
- City of Morgan Hill v. BusheyCalifornia Supreme Court · 2018
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