Packer v. Clemson
Supreme Court of Pennsylvania
Appeal, No. 50, Oct. T., 1920, by plaintiffs, from judgment of O. P. Allegheny Co., Jan. T., 1920, No. 1406, for defendant on case-statéd, in suit of Gibson D. Packer and Hallock C. Sherrard, executors of Ralph E. Clemson, deceased, v. Daniel M. Clemson, guardian of estate of Richard E. Clemson, a minor. Case-stated to determine ownership of certificate of stock. Before Carpenter, J. The court entered judgment for defendant on the case-stated. Plaintiffs appealed.
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Appeal, No. 50, Oct. T., 1920, by plaintiffs, from judgment of O. P. Allegheny Co., Jan. T., 1920, No. 1406, for defendant on case-statéd, in suit of Gibson D. Packer and Hallock C. Sherrard, executors of Ralph E. Clemson, deceased, v. Daniel M. Clemson, guardian of estate of Richard E. Clemson, a minor. Case-stated to determine ownership of certificate of stock. Before Carpenter, J. The court entered judgment for defendant on the case-stated. Plaintiffs appealed. Error assigned was judgment, quoting it.
1Opinion of the Court
Opinion by
Mr. Justice Kephart,
Ralph Clemson met his father Daniel in the vaults of a Pittsburgh bank where each owned a safe-deposit box. The son placed in his father’s box an envelope endorsed by him “Property of Richard E. Clemson 1434 C. & A.,” and said to his father, “This is for Richard,” who was a minor son of Ralph. The envelope contained valuable mining stock (1434 shares of the Calumet & Arizona Mining Company) duly endorsed in blank by Ralph and witnessed. It remained in Daniel’s box, with the stock therein, inaccessible to Ralph, until the latter’s death. The stock certificates…
2Cases cited6 opinions
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3Cited by29 opinions
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