Jackson v. Peerless Portland Cement Co.

I am not content with the opinion of Justice Bird. My views are expressed in Peckinpaugh v. H. W. Noble Co., ante, 464. I only care to supplement what I there said by the following quotation from Union Trust Co. v. Oliver, 214 N.Y. 517 (108 N.E. 809):

"While certificates of corporate stock lack some of the attributes of commercial paper and are, therefore, sometimes denominated only quasi negotiable, yet parties who deal in them innocently have long been protected by the law upon an analogous principle. Jarvis v. Manhattan Beach Co., 148 N.Y. 652 (43 N.E. 68, 31 L.R.A. 776, 51 Am. St. Rep.…