Bidstrup v. Thompson

The matter to be decided is as to the claim of the intervenor as a pledgee of 60 shares in a corporation known as the “Electric Traction & Manufacturing Company.” The facts upon which this claim is to be decided are the following: On January 9, 1890, the defendant, Philip Thompson, was the owner of the above-described 60 shares of stock. By an agreement entered into between him and the other shareholders the certificate for the said 60 shares which had been issued to the defendant in his name was, along with the certificates for the stock of the other shareholders, deposited with W. J. Behan…