Legal Opinion

Magruder v. Colston

Court of Appeals of Maryland

Decided March 8, 1876PublishedCited by 14 opinions

Appeal from the Superior Court of Baltimore City. The facts of the case are sufficiently stated in the opinion of the Court.

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Appeal from the Superior Court of Baltimore City. The facts of the case are sufficiently stated in the opinion of the Court. Exception. —The plaintiff offered at the trial helow ten prayers, the third and fourth of which only are noticed by this Court, and are as follows : 3. If tbe jury shall find from the evidence that the defendants were shareholders of the stock of the Merchants’ National Bank, and that on the 2nd of May, 1866, they transferred their stock to Josiah Colston, having information at the time of said transfer that the bank was insolvent, and that they transferred said stock…

1Opinion of the CourtGrason, J.

The questions presented by some of the prayers, as to the organization of the Merchants’ National Bank of *354Washington, having been abandoned by the counsel of the appellant, the only questions before the Court upon this appeal arise upon his third and fourth prayers, which were rejected by the Court below, and the appellee’s second prayer which was granted. The record shows that, some time before the failure of the hank, the appellees, who were hankers and brokers in Baltimore City, lent to Bayne & Company eight thousand dollars, payable on call, and took from them as collateral security for…

2Cases cited1 opinion

  1. Worrall v. JudsonNew York Supreme Court · 1849

3Cited by14 opinions

  1. National Bank v. CaseSupreme Court of the United States · 1879
  2. Pauly v. State Loan & Trust Co.Supreme Court of the United States · 1897
  3. Kerr v. UrieCourt of Appeals of Maryland · 1897
  4. In re the Election of Directors of the Argus Printing Co.North Dakota Supreme Court · 1891
  5. Blackert v. LankfordSupreme Court of Oklahoma · 1918

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