Supreme Court of North Carolina, 1894

Kennedy v. First National Bank of Wilson

Kennedy v. First National Bank of Wilson
Supreme Court of North Carolina · Decided September 5, 1894 · PER CURIAM.
20 S.E. 375; 115 N.C. 223 (South Eastern Reporter)

Counsel

Mr. Geo. M. Lindsay, for plaintiff (appellant)., No counsel, contra.

Kennedy v. First National Bank of Wilson

Opinion of the Court

Pee Curiam :

By the terms of the will of S. P. Cox the dividends on the shares of stock of the defendant bank were given to his widow during her life or widowhood. The certificate represented this stock, when she, who was entitled to the dividends thereon, consented that this certificate should be transferred to her who was to have it in the event of her death or marriage. She thereby assented, as it seems to us, to *226 the bank’s paying the dividends accruing on said stock to the assignee. After such assignment was made with her assent, she ceased, so far as the bank was concerned, to have any claim upon it.

No Error.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.