Hutson v. Title Guarantee & Trust Co.

The action is brought to foreclose an alleged lien upon a certificate for seventeen shares of the capital stock of the Union Typewriter Company and certain unpaid dividend checks claimed to have been held by plaintiff’s testator, George K. Gilluly, as collateral security for the sum of $1,510.88, loaned by him to defendant’s testator, C. Godfrey Patterson. The loan is claimed to be evidenced by two checks drawn by Gilluly to Patterson’s order, each duly indorsed by the latter and stamped paid — one for $1,000, dated June 30, 1908, and the other for $510.88, dated September 8, 1908. The…