SHARP, Justice.
The demurrers to the complaints pose this question: Does the provision in the notes that the holder "shall have full power and authority" upon default to sell the stock pledged as security "it being understood and agreed that after such sale" the maker shall not be liable for any deficiency, require the holder to enforce collection by a sale of the collateral?
This question must be answered by reference only to the complaint and the note which...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
