Union Trust Co. v. Oliver

This action is brought to foreclose a pledge of shares of stock of the Rochester and Lake Ontario Water Company. It was established on the trial that the defendant Oberg bought 100 shares of stock of the Rochester and Lake Ontario Water Company, several days prior to the 12th day of October, 1910, paying therefor $2,500, and receiving voting trust certificate No. 40, which was actually delivered to Oberg at the time he made the purchase. The business was transacted with George 3L M. Clarke, who was the secretary of that company in charge of its office, and who had possession of this voting…