Atkinson v. Bush

Citations

• 91 Kan. 860
• 139 P. 393
• 1914 Kan. LEXIS 137

Syllabus

<p>SYLLABUS BY THE COURT.</p> <p>Pledge — Personal Property — Must be Actual Delivery and Continued Possession. To constitute a valid pledge of personal property as security for a debt it is essential that there be an actual delivery of the property by the pledgor to the pledgee, and the pledgee must thereafter hold possession of the pledge openly and adversely to the pledgor.</p>