Hammond v. Hastings

Citations

• 134 U.S. 401
• 10 S. Ct. 727
• 33 L. Ed. 960
• 1890 U.S. LEXIS 1982

Syllabus

<p>When, by general law, a lien is given to a corporation upon the stock of' a stockholder in the corporation for any indebtedness owing by him to it, that lien is valid and. enforceable against all the world; and a sale of the stockholder’s stock to a person ignorant of the lien will not discharge it and thus authorize the purchaser to demand and receive a transfer of it so discharged.</p>