F. C. Sheldon Slate Co. v. Union National Bank

Appellate Division of the Supreme Court of New York

F. C. Sheldon Slate Co. v. Union National Bank

245 A.D. 785

CourtAppellate Division of the Supreme Court of the State of New York

DecidedJune 15, 1935

StatusPublished

This text of 245 A.D. 785 (F. C. Sheldon Slate Co. v. Union National Bank) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

F. C. Sheldon Slate Co. v. Union National Bank, 245 A.D. 785 (N.Y. Ct. App. 1935).

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Opinion

Judgment reversed on the law and facts, with costs, and judgment granted in favor of the plaintiff for the relief demanded in the complaint, with costs. The court reverses finding of fact numbered nine; finding of fact numbered eleven is modified by inserting the words “ attempting to ratify and approve ” in place of the words “ ratifying and approving.” All findings of fact contained in that portion of the decision captioned “ Conclusions of Law ” are reversed. The court makes the following new finding: That defendant received the certificate of stock under conditions which placed it upon inquiry, and it is chargeable with knowledge of the facts that the plaintiff corporation was the owner and that F. C. Sheldon had wrongfully converted the certificate to his own use. Hill, P. J., Rhodes, McNamee and Crapser, JJ., concur; Bliss, J., dissents.

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Judgment reversed on the law and facts, with costs, and judgment granted in favor of the plaintiff for the relief demanded in the complaint, with costs. The court reverses finding of fact numbered nine; finding of fact numbered eleven is modified by inserting the words “ attempting to ratify and approve ” in place of the words “ ratifying and approving.” All findings of fact contained in that portion of the decision captioned “ Conclusions of Law ” are reversed. The court makes the following new finding: That defendant received the certificate of stock under conditions which placed it upon inquiry, and it is chargeable with knowledge of the facts that the plaintiff corporation was the owner and that F. C. Sheldon had wrongfully converted the certificate to his own use. Hill, P. J., Rhodes, McNamee and Crapser, JJ., concur; Bliss, J., dissents.

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Bluebook (online)

245 A.D. 785, Counsel Stack Legal Research, https://law.counselstack.com/opinion/f-c-sheldon-slate-co-v-union-national-bank-nyappdiv-1935.