Gray v. Graham
Supreme Court of Connecticut
Suit to restrain the defendant, a constable, from selling on execution a share of corporate stock which the plaintiff claimed to own, though standing of record in the name of one to whom the plaintiff had transferred it in order to qualify him to become a director, brought to and tried by the Superior Court in Hartford County, Holcomb, J.; facts found and judgment rendered for the defendant, and appeal by the plaintiff. Error and new trial ordered.
1Opinion of the CourtWheeler, J.
On October 27th, 1903, the plaintiff owned two hundred and ten shares (being one fifth) of the capital stock of the Gray Telephone Pay Station Company, a Connecticut corporation located in Hartford, and transferred to her son-in-law, Caswell, without consideration, one of these shares in order to qualify him so that he might be elected a director and represent her interest in the management of the company. Neither the plaintiff nor Caswell intended the transfer as a sale or gift, but solely to qualify him as a director. No agreement in words was made by Caswell relating to this purpose nor…
2Cases cited7 opinions
- Skiff v. StoddardSupreme Court of Connecticut · 1893
- Harris v. City of PhiladelphiaSupreme Court of Pennsylvania · 1893
- Reed v. CopelandSupreme Court of Connecticut · 1883
- Waterman v. BuckinghamSupreme Court of Connecticut · 1906
- Colt v. IvesSupreme Court of Connecticut · 1862
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3Cited by4 opinions
- Andrzejczyk v. Advo System, Inc.Supreme Court of Connecticut · 1959
- D'Addario v. AbbottSupreme Court of Connecticut · 1941
- Washington Trust Co. v. Norwich & Westerly Traction Co.Supreme Court of Connecticut · 1915
- Bland v. Lee C. Bland Corp.Connecticut Superior Court · 1949