Krouse v. Woodward

California Supreme Court

Krouse v. Woodward

42 P. 1085, 5 Cal. Unrep. 230, 1895 Cal. LEXIS 1160

CourtCalifornia Supreme Court

DecidedDecember 31, 1895

DocketNo. 15,972

StatusPublished

Cited by2 cases

This text of 42 P. 1085 (Krouse v. Woodward) is published on Counsel Stack Legal Research, covering California Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Krouse v. Woodward, 42 P. 1085, 5 Cal. Unrep. 230, 1895 Cal. LEXIS 1160 (Cal. 1895).

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Opinion

TEMPLE, J.

This is the same case as that already decided on the appeal of Woodward (Krouse v. Woodward, 110 Cal. 638, 42 Pac. 1084). The plaintiff has also appealed from that part of the judgment which denies him relief against Alexander and against the defendant corporation. The judgment is clearly right. By the indorsed assignment he made Woodward the apparent owner of the stock; and, when the court found that Alexander was a purchaser in good faith and for value, plaintiff had lost his case against Alexander. It did not matter that the stock stood on the books in plaintiff’s name. These indorsed certificates do pass from hand to hand, and such is a usual mode of selling stock. The judgment in favor of Alexander is affirmed.

We concur: McFarland, J.; Henshaw, J.

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TEMPLE, J.

This is the same case as that already decided on the appeal of Woodward (Krouse v. Woodward, 110 Cal. 638, 42 Pac. 1084). The plaintiff has also appealed from that part of the judgment which denies him relief against Alexander and against the defendant corporation. The judgment is clearly right. By the indorsed assignment he made Woodward the apparent owner of the stock; and, when the court found that Alexander was a purchaser in good faith and for value, plaintiff had lost his case against Alexander. It did not matter that the stock stood on the books in plaintiff’s name. These indorsed certificates do pass from hand to hand, and such is a usual mode of selling stock. The judgment in favor of Alexander is affirmed.

We concur: McFarland, J.; Henshaw, J.

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Bluebook (online)

42 P. 1085, 5 Cal. Unrep. 230, 1895 Cal. LEXIS 1160, Counsel Stack Legal Research, https://law.counselstack.com/opinion/krouse-v-woodward-cal-1895.

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