Middletown Savings Bank v. Jarvis
Supreme Court of Connecticut
Bill OP interpleader. The respondent Jarvis had transferred to the Middletown Savings Bank sundry shares of the stock of the Middlesex Quarry Company as collateral security for a loan, and the savings bank had taken and held a certificate in its own name for the stock. The equitable interest of Jarvis in the stock was afterwards attached by one Rowland, a creditor; and still later an assignment was made by Jarvis to other creditors of the same equitable interest.
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Bill OP interpleader. The respondent Jarvis had transferred to the Middletown Savings Bank sundry shares of the stock of the Middlesex Quarry Company as collateral security for a loan, and the savings bank had taken and held a certificate in its own name for the stock. The equitable interest of Jarvis in the stock was afterwards attached by one Rowland, a creditor; and still later an assignment was made by Jarvis to other creditors of the same equitable interest. Rowland afterwards obtained judgment and execution in his suit and had the stock sold on the execution, and the same was purchased…
1Opinion of the CourtMcCurdy, J.
The petition, answers and finding of the facts in this case are quite voluminous, but the point in issue is a simple one. Do the attachment by Rowland of the shares in question and of Jarvis’s right, title and interest in them, the levy of the execution, and the sale at auction to French, constitute a valid conveyance to him ?
It is not claimed that there is any defect in the form of the proceedings, if in such a case there can be any legal attachment and levy. The provisions of our statute confessedly must govern, and it becomes necessary to refer to its precise language to ascertain the…
2Cases cited2 opinions
- Punderson v. BrownSupreme Court of Connecticut · 1803
- Flagg v. PlattSupreme Court of Connecticut · 1864
3Cited by6 opinions
- Byers Bros. v. WallaceTexas Supreme Court · 1894
- Coyne v. PlumeSupreme Court of Connecticut · 1916
- Winslow v. FletcherSupreme Court of Connecticut · 1886
- Woods v. SpoturnoSuperior Court of Delaware · 1936
- Lippitt v. American Wood Paper Co.Supreme Court of Rhode Island · 1885
1 more not listed; retrieve them via the Exa API.