Musser v. McCornick & Co.
Utah Supreme Court
Appeal from District Court, Third District, Salt Lake County; B. M. Stephens, Judge. Action by Joseph W. Musser against McCornick & Co., bankers. Judgment for defendant, and plaintiff appeals.
1Opinion of the CourtFrick, J.
On July 11, 1914, plaintiff borrowed from defendant $1,500 and executed his promissory note for the amount. With other collateral security for the loan he delivered to defendant 1,000 shares of Sugar Centrifugal Discharger' Company stock. On the same day the Intermountain Realty Company, a corporation of which plaintiff was president, borrowed from defendant $2,200 upon the company’s note secured by an additional 5,000 shares of the same stock, which was the individual property of plaintiff. All of the stock was indorsed by plaintiff, and thereafter by agreement of the parties hereto, was…
2Cases cited13 opinions
- Toplitz v. . BauerNew York Court of Appeals · 1900
- Coughran v. BigelowSupreme Court of the United States · 1896
- Lowe v. OzmunCalifornia Court of Appeal · 1906
- Fisher v. George S. Jones Co.Supreme Court of Georgia · 1899
- Farrar v. PaineMassachusetts Supreme Judicial Court · 1899
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3Cited by5 opinions
- In Re Rinio's EstateMontana Supreme Court · 1934
- Lilenquist v. Utah State Nat. BankUtah Supreme Court · 1940
- Foster v. First Nat. Bank & Trust Co. of TulsaSupreme Court of Oklahoma · 1937
- Highland v. DavisWest Virginia Supreme Court · 1937
- Highland v. DavisWest Virginia Supreme Court · 1939