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UNION BANK v. LAIRD

15 U.S. 390 (1817)

2 Wheat. 390

The UNION BANK of Georgetown v. LAIRD.

Supreme Court of United States.

March 15, 1817.

Attorney(s) appearing for the Case

The cause was argued by Mr. Swann, for the appellants, and by Mr. Jones, for the respondent.

Mr. Justice STORY delivered the opinion of the court.

The principal question is, whether, under the circumstances of this case, Laird, the original plaintiff, has a right to a transfer from the bank, of the fifty shares of its capital stock, standing in the name of Patton, without paying the acceptance of Patton; or, in other words, whether Laird has a priority of lien upon these shares. By the 11th section of the act of incorporation...

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