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UNION NATIONAL BANK v. McBOYLE

No. 164.

243 U.S. 26 (1917)

UNION NATIONAL BANK ET AL. v. McBOYLE ET AL.

Supreme Court of United States.

Decided March 6, 1917.

Attorney(s) appearing for the Case

Mr. Charles A. Beardsley, with whom Mr. R.M. Fitzgerald and Mr. Carl H. Abbott were on the briefs, for plaintiffs in error.

Mr. W.H. Orrick, with whom Mr. Julius Kahn, Mr. T.C. Coogan and Mr. H.A. Powell were on the brief, for defendants in error.

MR. CHIEF JUSTICE WHITE delivered the opinion of the court.

McBoyle and his wife sued the bank to recover 599 shares of the stock of the Burnham-Standeford Company, which it was alleged they had purchased from the bank and which after payment of the cash part of the price had been placed with it as collateral to secure a note evidencing the credit price. It was alleged that, despite a tender of the purchase money due, the...

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