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HAYWARD v. NATIONAL BANK

96 U.S. 611 (1877)

HAYWARD v. NATIONAL BANK.

Supreme Court of United States.

Attorney(s) appearing for the Case

Mr. E.F. Hodges and Mr. Jonathan F. Barrett for the appellant.

Mr. A.A. Ranney, contra.

MR. JUSTICE HARLAN delivered the opinion of the court.

This bill seems to have been prepared upon the supposition that the bank held and owned the nine hundred shares of stock in the Calumet and Hecla Mining Company at the commencement of this action. It is evident, however, that the bank's connection with the stock ceased Sept. 8, 1868, when it was sold to three of the bank directors. After that date, the purchasers claimed and controlled the stock as their individual...

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