Cocke v. Hoyl

Bell, Justice.

A petition when considered on general demurrer must be construed most strongly against the plaintiff. Cocke, the alleged owner of 30 shares of bank stock, pledged the certificates therefor to A. J. Hill to secure a note for $2851.20 payable January 1, 1930. The present suit was filed June 19, 193-1. At that time the note, with interest, amounted to more than $3500. In the absence of any allegation as to the value of the stock, it is proper to assume that such value did not exceed the amount of the debt. It appears that A. J. Hill, after receiving the stock in pledge,…