Gaty v. Holliday
Missouri Court of Appeals
Appeal from the St. Louis Circuit Court. The pledgeor was the owner of the stock, and as such was entitled to the dividends. — Dow v. Gould, etc., Qo., 31 Cal. 649 ; March v. Railroad Go., 43 N. H. 520. The money not having been paid by the corporation to the defendant for the plaintiff, there is no privity between the plaintiff and defendant, and the plaintiff cannot maintain the action. 1 Wheat. Selw.
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Appeal from the St. Louis Circuit Court. The pledgeor was the owner of the stock, and as such was entitled to the dividends. — Dow v. Gould, etc., Qo., 31 Cal. 649 ; March v. Railroad Go., 43 N. H. 520. The money not having been paid by the corporation to the defendant for the plaintiff, there is no privity between the plaintiff and defendant, and the plaintiff cannot maintain the action. 1 Wheat. Selw. Nisi Prius (2d Am. ed.), 104, 105. Williams v. Everett, 14 East, 582; WedlaJee v. Hurley, 1 Cromp. & J. 83; Yea tes v. Bell, 3 Barn. & Adol. 643; Whitehead v. Pede, 1 Kelly (Ga.), 140. The…
1Opinion of the CourtBakewell, J.
Gaty was the pledgee of two hundred and ninety shares of stock of a business corporation, which stock had been delivered to him by defendant’s intestate as collateral security for a loan. On the death of McCune, defendant came into possession of the certificates of stock. Plaintiff recovered judgment against defendant for possession of the stock, to *119hold as collateral; upon which, defendant surrendered the certificates to plaintiff, upon an agreement, then entered into between the parties, that plaintiff would not sell until two years had elapsed, and not without notice. Plaintiff in due time…
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- Whetsel v. ForgeySupreme Court of Missouri · 1929
- Mandel v. North Hudson Investment Co.Supreme Court of New Jersey · 1933
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