Andrews

Andrews v. First National Bank

Good Law
55 Cal. App. 138·203 P. 156
Court of Appeal of CaliforniaNovember 10, 1921Civ. No. 3732.California1,978 words

Opinion

Lead Opinion

James, J.

By this action plaintiff in her representative capacity sought to secure a judgment requiring the defendant to deliver to her a certificate for 150 shares of stock in a California corporation, alleged to be of the value of. $15,000. Incidental relief, that pending the determination of the action defendant be restrained from converting said stock or disposing of the same in any way, was prayed for. Defendant had judgment; plaintiff appeals.

The stock in question had been deposited with the defendant, along with other securities of Robert Marsh and J. E. Marsh, prior to the death of J. E. Marsh, plaintiff’s testator, which occurred on April 1, 1917. On November 11, 1914, "J. E. Marsh and Robert Marsh, being then indebted to the defendant in various amounts, deposited with the latter six certificates representing the ownership of shares in various corporations, together with six promissory notes of third persons, altogether and on their face representing in value a large amount of money. Among the stock was a certificate for 300 shares of California Delta Farms, Inc., which was in the names of J. E. Marsh and Robert Marsh. This stock was, afterward divided and, in lieu of the one…

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