Brukas v. Union National Bank & Trust Co.

Opinion by

Mr. Justice Drew,

This appeal is from the order of the learned court below overruling plaintiff’s motion to take off a compulsory nonsuit entered in a trespass action to recover damages for an alleged conversion of collateral pledged for a hank loan.

Plaintiff alleged that in 1929 he had pledged the stocks in question to the Citizens’ National Bank of Shenandoah as security for a loan of $13,000, that in 1934 Ms account was transferred to defendant, and that on March 27, 1938, he executed a 30-day renewal note for $7,700, the amount of the debt as it then stood. By the terms of the…