Gibraltar Realty Co. v. Security Trust Co.
Indiana Supreme Court
From Marion Superior Court; W. W. Thornton, Judge. Action by the Security Trust Company against the Gibraltar Realty Company. From a judgment for plaintiff, the defendant appeals.
1Opinion of the CourtEwbank, J.
This was an action by appellee against appellant to recover damages because of the fact,' as alleged in the pleadings and found by the court, that the secretary of appellant corporation fraudulently issued to himself a certificate for 100 shares of stock in that corporation after all the authorized stock had been issued and sold to others, and deposited such fraudulent certificate with appellee as collateral security for a note of himself and his partner, given in renewal of a prior note, and then failed to pay the debt evidenced by súch note. The court made a special finding of facts and…
2Cases cited6 opinions
- Cleveland, Columbus, Cincinnati & Indianapolis Railway Co. v. WynantIndiana Supreme Court · 1885
- Hosford v. JohnsonIndiana Supreme Court · 1881
- Steele v. Michigan Buggy Co.Indiana Court of Appeals · 1911
- Pierce v. VansellIndiana Court of Appeals · 1905
- Taylor v. GrinerIndiana Court of Appeals · 1914
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3Cited by4 opinions
- Old First National Bank & Trust Co. v. SnoufferIndiana Court of Appeals · 1934
- Hines v. RollinsIndiana Court of Appeals · 1932
- Denney v. PetersIndiana Court of Appeals · 1937
- Modern Woodmen of America v. ArnkensIndiana Court of Appeals · 1934