Legal Opinion

Perry v. Manufacturers National Bank

Massachusetts Supreme Judicial Court

Decided March 27, 1944PublishedCited by 22 opinions

1Opinion of the CourtQua, J.

This is an action for conversion of shares of stock pledged at the defendant bank as collateral for loans to the plaintiff evidenced by promissory notes payable on demand. When the notes were not paid on demand the defendant purported to sell the collateral to itself and credited its then value against the notes, leaving a substantial unpaid balance due on the notes. This was the alleged conversion.

When the case was here before (Perry v. Manufacturers National Bank, 305 Mass. 368), we held that when the defendant’s note teller drew a pencil line through the figure “5,” which designated the…

2Cases cited35 opinions

  1. Davis v. Boston Elevated Railway Co.Massachusetts Supreme Judicial Court · 1920
  2. Simmons v. FishMassachusetts Supreme Judicial Court · 1912
  3. Spiegel v. Beacon Participations, Inc.Massachusetts Supreme Judicial Court · 1937
  4. Long v. GeorgeMassachusetts Supreme Judicial Court · 1937
  5. Bothwell v. Boston Elevated Railway Co.Massachusetts Supreme Judicial Court · 1913

30 more not listed; retrieve them via the Exa API.

3Cited by22 opinions

  1. Bartley v. PhillipsMassachusetts Supreme Judicial Court · 1944
  2. Robertson v. Gaston Snow & Ely BartlettMassachusetts Supreme Judicial Court · 1989
  3. Hartmann v. Boston Herald-Traveler Corp.Massachusetts Supreme Judicial Court · 1948
  4. Fialkow v. DeVoe Motors, Inc.Massachusetts Supreme Judicial Court · 1971
  5. Commonwealth v. SharpeMassachusetts Supreme Judicial Court · 1948

17 more not listed; retrieve them via the Exa API.

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