U.S. Circuit Court for the District of Southern New York June 2, 1908 (Wise v. Williams)

RAY, District Judge

(after stating the facts as above). The shares of stock, 500 shares of the capital stock of J. H. Bunnell & Co., a corporation, were pledged by Wise to the Fredonia National Bank, and held by it when Wise died, and when the bank went into the hands of this receiver.