National Turners Building & Loan Ass'n v. Schreitmueller

I cannot concur in the opinión of Mr. Justice Bushnell.

In this opinion I speak of Irene M. Sehreitmueller as defendant.

Defendant turned the certificate over to her brother for his personal use, wholly apart from any business purpose of plaintiff company, and the brother converted the certificate to his own use. The fact that the brother, by fraud upon plaintiff company, sought to pay his personal obligation in issuing or causing to be issued another certificate, did not change the relation between defendant and her brother, nor accord her the status of a bona, fide holder of such certificate.…