Westinghouse v. German National Bank
Supreme Court of Pennsylvania
Appeal, No. 119, Oct. T., 1898, by defendant, from decree of C. P. No. 2, Allegheny Co., July T., 1897, No. 600, on bill in equity. Bill in equity to compel the surrender of stock. Before Shaker, J. The court decreed a surrender of the stock as prayed for in the bill. The facts appear by the opinion of the Supreme Court. Error assigned was the decree of the court.
1Opinion of the Court
Opinion by
Mr. Justice Dean,
The plaintiff filed this bill against defendant, to restrain it from selling or otherwise disposing of 300 shares of Westinghouse Machine Company stock, which plaintiff averred belonged to him; and praying that defendant be ordered to deliver said shares of stock to plaintiff.
The court below found as facts: That A. J. Lawrence, in 1891 and five years thereafter, was a broker and dealer in stocks in Pittsburg, and had an arrangement with the German National Bank by which he had a credit of $25,000, the credit being secured by his note accompanied by collateral which…
2Cited by2 opinions
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