Legal Opinion

Millard v. Green

Supreme Court of Connecticut

Decided May 7, 1920PublishedCited by 32 opinions

Action to secure a transfer to the plaintiff, the trustee in bankruptcy of the New Milford Hat Company, of certain shares of stock and of bonds, alleged to have been purchased by the defendant Green with funds of the Hat Company, and thereafter pledged by him to the defendant bank as collateral for his own personal indebtedness of long standing, and for other equitable relief, brought to and tried by the Superior Court in Litchfield County, Kellogg, J.; facts found and…

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Action to secure a transfer to the plaintiff, the trustee in bankruptcy of the New Milford Hat Company, of certain shares of stock and of bonds, alleged to have been purchased by the defendant Green with funds of the Hat Company, and thereafter pledged by him to the defendant bank as collateral for his own personal indebtedness of long standing, and for other equitable relief, brought to and tried by the Superior Court in Litchfield County, Kellogg, J.; facts found and judgment rendered for the plaintiff, and appeal by the defendants.

1Opinion of the CourtGager, J.

This action is brought by the trustee in bankruptcy of the New Milford Hat Company to recover certain stock standing in the name of the defendant W. G. Green, bought by him with the funds of the Hat Company and by him pledged to the First National Bank of New Milford to secure his personal indebtedness to the bank.

Two questions arise upon the record: first, did the defendant W. G. Green hold the securities hereinafter described in his own right, or as trustee for the New Milford Hat Company? Second, if Green held these securities as trustee for the Hat Company, did his pledge of the…

2Cases cited16 opinions

  1. Lightfoot v. . DavisNew York Court of Appeals · 1910
  2. Newton v. . PorterNew York Court of Appeals · 1877
  3. Woodruff v. MarshSupreme Court of Connecticut · 1893
  4. Brush v. ScribnerSupreme Court of Connecticut · 1836
  5. Fox v. ShanleySupreme Court of Connecticut · 1920

11 more not listed; retrieve them via the Exa API.

3Cited by32 opinions

  1. Zamore v. WhittenSupreme Judicial Court of Maine · 1978
  2. Harper v. AdametzSupreme Court of Connecticut · 1955
  3. Worobey v. SibiethSupreme Court of Connecticut · 1949
  4. Hieble v. HiebleSupreme Court of Connecticut · 1972
  5. Jacobs v. Ballard (In Re Ballard)United States Bankruptcy Court, D. Connecticut · 1983

27 more not listed; retrieve them via the Exa API.

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