Hunt v. Laconia & Lakeport Street Railway
This text of 39 A. 437 (Hunt v. Laconia & Lakeport Street Railway) is published on Counsel Stack Legal Research, covering Supreme Court of New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
The pledge of the stock was a pledge of the dividends accruing on it during the continuance of the pledge, and gave the pledgee the legal title to both alike. Savings Bank v. Marshall, ante, ¶. 417, and authorities cited.
Upon the facts appearing in the case, the payment of the dividends to the pledgor was without legal justification, and-affords no bar to the plaintiff’s recovery.
Judgment for the plaintiff.
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Cite This Page — Counsel Stack
39 A. 437, 68 N.H. 561, Counsel Stack Legal Research, https://law.counselstack.com/opinion/hunt-v-laconia-lakeport-street-railway-nh-1896.