Brewster v. Lathrop

Citations

• 15 Cal. 21

Syllabus

<p>Plaintiff assigns to defendant, September 22d, two shares of stock in a mining company, stating in the assignment, “I authorize the transfer to him, (defendant) with all the dividends made after the morning of the twenty-third of September.” Both parties expected a dividend on Monday, the twenty-second. The trustees did not, in fact, declare dividends until between noon and one o’clock, on Tuesday. Held, that the dividends belonged to plaintiff; and that parol evidence was admissible to explain the transaction, and point its meaning.</p>