Legal Opinion
Enoch v. Brandon
New York Court of Appeals
Decided November 20, 1928PublishedCited by 67 opinions
1Opinion of the CourtAndrews, J.
The question before us is whether certain bonds are negotiable instruments. If so, the purchaser in due course from a thief may retain them.
The Manitoba Power Company issued a series of bonds. It promised to pay the bearer of each on November 1,1941, a certain sum at a certain place, with interest. They are said to be “ all equally secured by and entitled to the benefits and subject to the provisions ” of a trust mortgage. They may be redeemed at 105 per cent and interest at certain dates. The obligor must create a sinking fund to provide for their purchase or redemption and the principal may…
2Cases cited9 opinions
- Dickerman v. Northern Trust Co.Supreme Court of the United States · 1900
- Chicago Railway Equipment Co. v. Merchants' BankSupreme Court of the United States · 1890
- McClelland v. . Norfolk Southern R.R. Co.New York Court of Appeals · 1888
- American National Bank of San Francisco v. A. G. Sommerville, Inc.California Supreme Court · 1923
- Hibbs v. . BrownNew York Court of Appeals · 1907
4 more not listed; retrieve them via the Exa API.
3Cited by67 opinions
- Cont'nal Natl. Bk. of Ft. Worth v. ConnerTexas Supreme Court · 1948
- Friedman v. Chesapeake and Ohio Railway CompanyDistrict Court, S.D. New York · 1966
- Paepcke v. PaineMichigan Supreme Court · 1931
- Oswianza v. Wengler & Mandell, Inc.Illinois Supreme Court · 1934
- Bullowa v. Thermoid Co.Supreme Court of New Jersey · 1935
62 more not listed; retrieve them via the Exa API.