Marshall v. Ender

Citations

• 125 Ill. 370
• 17 N.E. 464

Syllabus

<p>Contract of investment—evidence as to transfer and ownership of securities. A deposited with a loan broker about $1800 for investment, who had in Ms hands a bond for $2000, then past due, belonging to another, and indorsed in blank. The broker entered upon his books a charge to A of $2000, and a credit of $1800, and also a credit of $80 interest, and extended the time of payment to the debtor, taking coupon notes for the interest, payable to himself, and an agreement to pay the bond to him, and about two months thereafter sold and transferred the bond and coupon notes to B, to whom.he afterward paid the interest: Held, on a review of all the evidence, that as between A and B, the latter was the owner of the' bond and coupon notes.</p>