Harkins v. the Atlantic National Bank of Jacksonville

CHAPMAN, J.:

The record in this case discloses that May Pierce Harkins, now a widow, on June 3, 1936, became the owner of seventy-five shares of the capital stock of the par value of $100.00 per share of Greenwood Products Company. On June 25, 1937, the Greenwood Products Company declared a 200% dividend on said stock, which amounted to $15,000.00, and a check was issued therefor payable to May Pierce Harkins. Mrs. Harkins endorsed the check and delivered it to her husband, A. D. Harkins, who in turn endorsed the same: “A. D. Harkins, Trustee,” and transmitted the same by letter to the…