State Insurance v. Gennett

The Chancellor:

— This is a bill of interpleader to compel the defendants, Gennett & Co. and Rainey & Co., to litigate between themselves the title to fifteen shares of stock in the State Insurance Company. The stock originally belonged to one Spencer, and is claimed by Gennett & Co., under attachment, as the property of Spencer, and by Rainey & Co. as assignees of Spencer.

The defendants, in order to a speedy decision of the matters in controversy between them, have agreed to “ submit the bill, answers, exhibits, proof, and previous proceedings, at once,” to me for final determination. This…