Peckinpaugh v. H. W. Noble & Co.

Plaintiff replevined from defendant five certificates covering 3,000 shares preferred stock of the Gladys Belle Oil Company. Defendant claims a lien on the certificates under pledge as collateral security to a loan made to Hazel Peckinpaugh, plaintiff’s daughter. Plaintiff had judgment, and the case is here by writ of error sued out by defendant.

At the time the certificates were pledged they bore the indorsement of plaintiff in blank. April 19, 1920, E. A. Kemp, husband of plaintiff’s daughter, Hazel, borrowed $1,100 from defendant, gave his note and pledged and delivered the indorsed…