Legal Opinion

Colt v. Ives

Supreme Court of Connecticut

Decided September 15, 1862PublishedCited by 16 opinions

Bill in equity, for an injunction against the levy of executions by the respondents, upon forty-nine shares of the capital stock of the Hartford and New Haven Railroad Company, attached by them as the property of William Jarvis, and which were claimed by the petitioner under a previous assignment of the same from the said Jarvis.

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Bill in equity, for an injunction against the levy of executions by the respondents, upon forty-nine shares of the capital stock of the Hartford and New Haven Railroad Company, attached by them as the property of William Jarvis, and which were claimed by the petitioner under a previous assignment of the same from the said Jarvis. The suit was originally brought by the petitioner with her husband, Samuel Colt, but he having died during its pendency, it was pursued by her alone. The superior court made a special finding of the following facts:— On the 24th of February, 1846, William Jarvis was…

1Opinion of the CourtHinman, C. J.

The attaching creditors, who are the real parties in interest in this cause, assume that by a course of decisions in Connecticut, stock in a corporation is held to be so peculiar in its nature and character that no transfer can be made of it, or even any equitable interest acquired in it, as against attaching creditors, unless by an actual transfer made upon the corporation books, or recorded in them, in the mode prescribed by the charter or by-laws of the institution ; and the cases of The Marlborough Manufacturing Co. v. Smith, 2 Conn., 579, Northrop v. Newtown & Bridgeport Turnpike Co., 3…

2Cases cited7 opinions

  1. Bridgeport Bank v. New York & New Haven RailroadSupreme Court of Connecticut · 1861
  2. Meade v. SmithSupreme Court of Connecticut · 1844
  3. Marlborough Manufacturing Co. v. SmithSupreme Court of Connecticut · 1818
  4. Mills v. CampSupreme Court of Connecticut · 1841
  5. Bishop v. HolcombSupreme Court of Connecticut · 1835

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3Cited by16 opinions

  1. Lipscomb's Adm'r v. CondonWest Virginia Supreme Court · 1904
  2. Reed v. CopelandSupreme Court of Connecticut · 1883
  3. In re the Election of Directors of the Argus Printing Co.North Dakota Supreme Court · 1891
  4. Austin v. SeligmanU.S. Circuit Court for the District of Southern New York · 1883
  5. Waterman v. BuckinghamSupreme Court of Connecticut · 1906

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