Phillips v. Bank of Athens Trust Co.

IsmoR Wasservogbl,

Special Referee. This is an action for damages for breach of a contract of pledge and for conversion, wherein plaintiff contends that the defendant wrongfully sold 1,000 shares of common stock of Willys-Overland Motors, Inc., which were held by defendant as collateral for loans made by it to the plaintiff.

The facts involved herein are undisputed and were incorporated by counsel for the respective parties in a “ stipulation of facts.” This stipulation was submitted by counsel together with the pleadings with the intent that they be accorded the same force and effect as…