CORPORATIONS-LIABILITY OF TRANSFER AGENT FOR WRONGFUL REFUSAL TO TRANSFER SHARES

Plaintiff, stockholder in a mining company, sued a transfer agent of the company in conversion for its refusal to transfer plaintiff\u27s stock into block shares. The lower court found for plaintiff. On appeal, held, reversed. There is no direct liability of a transfer agent to the stockholder for wrongful nonfeasance in delaying or refusing to transfer stock. Mears v. Crocker First Nat. Bank of San Francisco, (Cal. App. 1950) 218 P. (2d) 91

PROPERTY-MECHANICS\u27 LIEN-VALIDITY AGAINST NON-CONTRACTING CO-OWNER

A and B were tenants in common of a tract of land. Plaintiff contracted with A to build a house thereon, B not being a party. Plaintiff sued A and B to enforce a mechanics\u27 lien for money due on the contract, and was successful against both in the lower court. On appeal, held, reversed. Only A, who contracted to have the house built, was subject to a mechanics\u27 lien. Dente v. Bullis, (Md. 1950) 76 A. (2d) 158

CORPORATIONS-LIABILITY OF TRANSFER AGENT FOR WRONGFUL REFUSAL TO TRANSFER SHARES

Plaintiff, stockholder in a mining company, sued a transfer agent of the company in conversion for its refusal to transfer plaintiff\u27s stock into block shares. The lower court found for plaintiff. On appeal, held, reversed. There is no direct liability of a transfer agent to the stockholder for wrongful nonfeasance in delaying or refusing to transfer stock. Mears v. Crocker First Nat. Bank of San Francisco, (Cal. App. 1950) 218 P. (2d) 91

PROPERTY-MECHANICS\u27 LIEN-VALIDITY AGAINST NON-CONTRACTING CO-OWNER

A and B were tenants in common of a tract of land. Plaintiff contracted with A to build a house thereon, B not being a party. Plaintiff sued A and B to enforce a mechanics\u27 lien for money due on the contract, and was successful against both in the lower court. On appeal, held, reversed. Only A, who contracted to have the house built, was subject to a mechanics\u27 lien. Dente v. Bullis, (Md. 1950) 76 A. (2d) 158