Winchester Rock & Brick Co. v. Murdough
Massachusetts Supreme Judicial Court
Bill in equity, filed in the Superior Court on January 25,1918, By a corporation organized under the laws of the State of Maine, conducting a rock quarry on land belonging to it. in the towns of Winchester and Woburn and having its principal office in Boston, to set aside a sale of bonds of the plaintiff of the face value of $1,500 which had been pledged by it to the defendant as collateral security for a note of the plaintiff payable to the defendant for $1,500, and also to…
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Bill in equity, filed in the Superior Court on January 25,1918, By a corporation organized under the laws of the State of Maine, conducting a rock quarry on land belonging to it. in the towns of Winchester and Woburn and having its principal office in Boston, to set aside a sale of bonds of the plaintiff of the face value of $1,500 which had been pledged by it to the defendant as collateral security for a note of the plaintiff payable to the defendant for $1,500, and also to redeem the bonds from such sale, the sale being alleged to have been a mere device and pretence and not to have been…
1Opinion of the CourtRugg, C. J.
This is a suit in equity whereby the plaintiff seeks to set aside the sale of certain bonds formerly held by the defendant as collateral security for a note of the plaintiff and to redeem the bonds. The defendant owned a note of the plaintiff for $1,500, which fell due on or about June 25, 1915. He held as collateral security for the note bonds of the plaintiff of the face value of $1,500, which were secured by a mortgage indenture upon real estate. According to the terms of the note, the defendant was authorized to sell the bonds “ either at public or private sale,” or otherwise, at his…
2Cases cited5 opinions
- Lindsey v. BirdMassachusetts Supreme Judicial Court · 1906
- Bon v. GravesMassachusetts Supreme Judicial Court · 1914
- Farmers National Bank of Annapolis v. VennerMassachusetts Supreme Judicial Court · 1906
- Jennings v. MooreMassachusetts Supreme Judicial Court · 1905
- Guinzburg v. H. W. Downs Co.Massachusetts Supreme Judicial Court · 1896
3Cited by12 opinions
- Gins v. Mauser Plumbing Supply Co.Court of Appeals for the Second Circuit · 1945
- Sandler v. SilkMassachusetts Supreme Judicial Court · 1935
- Ruebeck v. Attleboro Savings Bank (In Re Ruebeck)United States Bankruptcy Court, D. Massachusetts · 1985
- Turk v. GrossmanCourt of Appeals of Maryland · 1939
- State Realty Co. of Boston, Inc. v. MacNeil Bros. Co.Massachusetts Supreme Judicial Court · 1956
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