New York Supreme Court February 15, 1919 (Iowa Securities Corp. v. Ridgewood National Bank)

Greenbaum, J.

This action is brought for the reclamation of two stock certificates of the Iowa State Savings Bank, each for 100 shares, delivered to the defendant as collateral for a loan made to the firm of Morgan, Truett & Co. on March 17,1918. The action is ostensibly based upon the provisions of section 168 of the Personal Property Law.