New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-06-26

the books OF the coposon The precise propositions decided
that legal title To shares could be acquired except By
s SER made according TO the requirement and that The esa
corr against bis assgno lie doctrine bad
BY Chancellor Walweh Stetbins PheLx Fire insurance
the Connecticut there been series ofcssee
goirs still fiber The registry the books when required
the change title stock and uso.fer not
made ssde =. in; aeetes for any purpose I; Go.s
beer fol owed esew here aud think the established rule
Dtverbsles valid 30 as pa.s equity ell shs Of the
seller but grester See further Angel and Ames Cspo
ratios 2 33 ID ed where rule and The
cited.
LcoIirg at the question upon principle not svs,s
pyihns nature Of this krd property whehn
ques application II the rules which belong negotiable
euries Stocks not like bs bills the immediate rsrs
ton between bank bill share of bank stock not deaf
to spYees,e Nor are they like note: and BIZ. Of er,has
AID governed b INC sSds OF ss com
ueIt securities which mode NEGOTIABLE either for crea
ton 10 find market Nor they like Corporstson eonas
I rsi.iDs money for corporate uses The d's .,ssi
etween ell these ard conorats stocks 70 ms.s1
ey. .Id may be .s,.6.d by payment in money st ass
peet co. Certificates Of stock ale not securities Tor mo ~
Gp inents and eva. nee Of tie hoeeTs as 70 syss
tse the porey and franchises o. the emPorson o. sn
Of tn. species Of properly afford steady nvs
men, Tor capital rather than to feed the spirit Of
90 IL lands and there 10 law which absolutely forbts "a
such en- per.ua4ed is not the for which we shoaS
The question is capable Of further elueids,os
tending TO the rules which have been settled IN resAd V
LseIibliiy of other and the effect OF rsse
certificate oi stock il In s bill oil sfns
warehouse whsifDsers r-cep Eseh the r.
Oi property existing under ceftanco dons ana mo
any evidence of title thereto. They all alike tas
ndo ecd delivery snd the title 20 the proper, 80
sentsd by such transfer so far hey sns
oiLer, hut there d ctiops 10 be noted Bills on
wbartrges receipts Commercial. lnsruineon, 80
rsDsiert bly, e. II is sometimes termed hen enye
biy" eeperds the Of Merchants aoo Ie ii h.
pieI trade. Certificates Of stock net
the title the property they lep ~ AZ, ss
In equity only By Endorsement and d. livery ~ made -
rule Of the Core ration the tia sir Il .netns
the TOOLS With hess mbsncss asa n ,n., ~ ecs
bill Of lsd ego iaoIe Ia the sense a,, ~ay
tended for in The pre,oht there 81 ss,,srre
In aft uire thai such quality beioi a. 10 ca - ga,
IN the great case Of Pobbauo" as' "hh - n.IiE
ca c SSH n was b. that the COZ ssllot o sooos Ldpf
bs ,ieb ~ IA f1aasifu when the connsI"
~. Iii 81 sdi,y 5jof,ed blank By the eoossnof
!, 20 ti,i neI,on who received Il IN good 10 H. AID AZ,
a,', Ti has been the settled Uis ever snea ~
| L.. II 4, 20 ob,erved the lego title 10 TIE $3.50
,J DO ,be ale consignment IL tie coDsirnse ,sA
os 10 he REGULAR and anomalous tight OF ar a,ars
i,cYv i The OF insolvency. H. uerei1f., sIusp
tie ccnsignee tai si. the OIL
.,ber rersop VITO takes II 10 rood ab hnd Tor
Ter the TIL, which his vendor bad Of TIE zoe
tr.I .fer d which The :onssnor ,anJJt "a hen "
Lin - stopping g,ot- b.. fDce thsy hay.
J stioL. IL ths doetIiut wli.L vac stLsS +"