Legal Opinion
M.L. Ins. Co. v. . F.S.S. G.S.F.R.R. Co.
New York Court of Appeals
Decided October 3, 1893PublishedCited by 19 opinions
1Opinion of the Court
In September, 1888, Eben S. Allen, the president of the defendant, a domestic railroad corporation, forged a certificate of one hundred shares of its stock of the face value of $10,000, and pledged it as collateral security to the plaintiff for a personal loan of $6,500, which he then obtained. Default was made in the payment of the debt, and the plaintiff seeks to make the defendant liable for the amount of the loan, which is less in amount than the value of the stock, if it had been a genuine issue, and which represents the loss of the plaintiff by the fraud of the defendant's president.…
2Cases cited5 opinions
- First Nat. Bank v. . Ocean Nat. BankNew York Court of Appeals · 1875
- Moores v. Citizens' Nat. Bank of PiquaSupreme Court of the United States · 1884
- Farrington v. South Boston RailroadMassachusetts Supreme Judicial Court · 1890
- Stone v. HayesCourt for the Trial of Impeachments and Correction of Errors · 1846
- New York Life Insurance and Trust Co. v. . BeebeNew York Court of Appeals · 1852
3Cited by19 opinions
- Knox v. Eden Musee Americain Co.New York Court of Appeals · 1896
- Wen Kroy Realty Co. v. Public National Bank & Trust Co.New York Court of Appeals · 1932
- Whiting v. . Hudson Trust Co.New York Court of Appeals · 1923
- David Crystal, Inc. v. Cunard Steam-Ship Co.Court of Appeals for the Second Circuit · 1964
- Taylor v. . Commercial BankNew York Court of Appeals · 1903
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