Farrington v. South Boston Railroad
Massachusetts Supreme Judicial Court
Action, alleged in the writ to be in contract or tort, to recover damages caused by the refusal of the defendant corporation to recognize as valid certain shares of stock held by the plaintiff, or to allow them to be transferred, and to issue new certificates therefor. The case was submitted to the Superior Court, and, after judgment for the plaintiff, to this court, on appeal, on agreed facts, which appear in the opinion.
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Action, alleged in the writ to be in contract or tort, to recover damages caused by the refusal of the defendant corporation to recognize as valid certain shares of stock held by the plaintiff, or to allow them to be transferred, and to issue new certificates therefor. The case was submitted to the Superior Court, and, after judgment for the plaintiff, to this court, on appeal, on agreed facts, which appear in the opinion. The case was argued at the bar in January, 1889, and after-wards was submitted on the briefs to all the judges except Holmes, J.
1Opinion of the CourtField, J.
The plaintiff, in December, 1882, lent money to William Reed, and received from him as security for the payment of the loan a certificate in the name of the plaintiff of thirty-two shares of the capital stock of the defendant corporation, in the usual form, signed by its president and by its treasurer, with its seal affixed. This was a fraudulent overissue of stock by Reed, wdio was the treasurer, and who filled up a blank certificate which had been signed by the president and left with him. Reed owned no stock, and exhibited no certificate of stock to the plaintiff except that filled up with…
2Cases cited1 opinion
- Moores v. Citizens' Nat. Bank of PiquaSupreme Court of the United States · 1884
3Cited by28 opinions
- Manhattan Life Insurance v. Forty-Second Street & Grand Street Ferry RailroadNew York Court of Appeals · 1893
- First National Bank of Nephi v. FooteUtah Supreme Court · 1895
- Havens v. Bank of TarboroSupreme Court of North Carolina · 1903
- Germania Safety-Vault & Trust Co. v. BoyntonCourt of Appeals for the Sixth Circuit · 1896
- Mooney v. Mooney Co.Washington Supreme Court · 1912
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