Hearne v. Gillette
Supreme Court of Louisiana
Appeal from First Judicial District Court, Parish, of Caddo; J. H. Stephens, Jr., Judge. Action by George M. Hearne and others against G. G. Gillette. From a judgment for plaintiffs, defendant appeals.
1Opinion of the CourtSt. Paul, J.
Plaintiff attached, in the hands of the Commercial National Bank of Shreveport, certain shares of oil stock, standing in the name of defendant and indorsed in blank, against which the garnishee had issued its so-called negotiable trust receipts, promising to deliver the stock to the order of the defendant upon return of said receipts.
Prior to the attachment, defendant had assigned certain shares thereof to diverse persons, who had notified the bank of said transfers; but the bank had not accepted the transfer and, for reasons satisfactory to itself, had refused to issue new trust receipts to…
2Cited by3 opinions
- President of the Manhattan Co. v. MorganNew York Court of Appeals · 1926
- Harrington v. Inter-State Fidelity Building & Loan Ass'nUtah Supreme Court · 1937
- Hearne v. Commercial Nat. BankSupreme Court of Louisiana · 1924