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THIRD NAT. BANK v. BUFFALO GERMAN INS. CO.

No. 146.

193 U.S. 581 (1904)

24 S.Ct. 524

48 L.Ed. 801

THIRD NATIONAL BANK OF BUFFALO v. BUFFALO GERMAN INSURANCE COMPANY.

Supreme Court of United States.

Decided April 4, 1904.

Attorney(s) appearing for the Case

Mr. Adelbert Moot, with whom Mr. George L. Lewis was on the brief, for plaintiff in error.

Mr. Arthur W. Hickman for defendant in error.

MR. JUSTICE WHITE, after making the foregoing statement, delivered the opinion of the court.

It is obvious that the bank had no lien on the stock of Levi as the result of an express contract of pledge. The mere statement by Levi in a conversation with the president of the bank when the last loan was made to him, that his stock was a security to the bank, did not amount to a pledge of such stock, as there was no delivery of...

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