Homestake Oil Co. v. Rigler

NETERER, District Judge.

Appellant seeks relief from a judgment in the lower court for dividends on its corporate stock held by appellee. Appellee, as receiver of a bank, in his complaint alleges his official relation and indebtedness to the bank by one Julius C. Peters and transfer and assignment of 6,000 shares of the capital stock of the appellant company as collateral security for such indebtedness, and alleges that at the time of the assignment and transfer it was agreed between Peters and the receiver that all dividends which should be declared on the appellant’s stock held by the…