LEGAL DOCUMENT

Case: Davis & Dexter vs. National Eagle Bank
Citation: 23 R.I. 243
Court: Supreme Court of Rhode Island
Jurisdiction: Rhode Island
Decision Date: 1901-07-24
Docket Number: 
Pages: 243–243
Volume: 23
Reporter: Rhode Island Reports

Parties: Davis & Dexter vs. National Eagle Bank.

Davis & Dexter vs. National Eagle Bank.
PROVIDENCE
JULY 24, 1901.
Present : Stiness, C. J., Tillinghast and Douglas, JJ.
(1) Bank Stock. Notice. Holders for Value. Transfer. Bxecutors and Administrators.
Van Slyck & Mumford, for plaintiff.
David S. Baker and Lewis A. Waterman, for defendant.
This case states no point of law, and is reported merely for reference.

Per Curiam.
This is a petition for a new trial of an action at law tried before a single justice of this Division, jury trial having been waived. The grounds assigned in the petition are that the decision of the trial court was erroneous in law and upon the facts. We find .that the conclusion of fact found by the trial- court, to wit, that the plaintiffs were not innocent purchasers of the stock in question, but took the certificate with such knowledge of the circumstances in which it was issued as should have put them upon inquiry as to the title of the holder, is supported by the evidence. We find no error of law in the decision.
The petition for new trial is denied, and judgment will he entered for the defendant for costs.