Legal Opinion · Dissent

Fourth Nat. Bank of Nashville v. Stahlman

Tennessee Supreme Court

Decided April 15, 1915Published

FROM DAVIDSON. Appeal from the Chancery Court of Davidson Connty. — Jno. Allison, Chancellor.

1Dissent

Mr. Justice "Williams

delivered a dissenting opinion as follows:

Unable to agree with the majority of the court in its ruling as to the construction of the language of the $24,400 note in relation to the indebtedness secured by certificates of stock pledged immediately as collateral thereto, the grounds of dissent shall be expressed as briefly as practicable.

This court is committed by the case of Bank v. Wood, 125 Tenn., 16, 140 S. W., 31, to the view, now generally held, that this language must receive a construction in favor of the pledgor if there be room for construction.

The identical…

2Cases cited7 opinions

  1. Gillet v. . Bank of AmericaNew York Court of Appeals · 1899
  2. Houston National Bank v. WoodTennessee Supreme Court · 1911
  3. Hallowell v. Blackstone National BankMassachusetts Supreme Judicial Court · 1891
  4. Gibson v. BoardCourt of Appeals of Kentucky · 1897
  5. First Nat. Bank of Omaha v. Illinois Trust & Savings BankU.S. Circuit Court for the Northern District of Illnois · 1897

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