In re Noyes Bros.
District Court, D. Massachusetts
In Bankruptcy.
1Opinion of the Court
LOWELL, District Judge.
Dillingham lent $3,000 to the bankrupt corporation, taking its note therefor, with a certificate of 30 shares of its stock as collateral security. The certificate was issued in Dillingham’s name without qualification, but the stock ledger contained the following entry:
A. E. Dillingham, Sandwich, Mass.
No. No. No.
1902. Transfer. Oertif. Shares.
June 2, Thirty shares N. B. Inc. 156 30
Note 5 years given. Stock as collateral due 1907.
That Dillingham can prove his claim was not seriously disputed. Proof involves two propositions: First, that he was a creditor of the bankrupt…
2Cases cited8 opinions
- Pauly v. State Loan & Trust Co.Supreme Court of the United States · 1897
- Easton v. German-American BankSupreme Court of the United States · 1888
- Hale v. WalkerSupreme Court of Iowa · 1871
- Wheelock v. KostIllinois Supreme Court · 1875
- Ball Electric Light Co. v. ChildSupreme Court of Connecticut · 1897
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3Cited by2 opinions
- Mitchell v. Banking CorporationMontana Supreme Court · 1933
- Tierney v. LeddenSupreme Court of Iowa · 1909