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What is Fua Cun v. Summers: Stock Lien Dispute about?
The plaintiff loaned money to Chua Soco, who mortgaged 250 shares of stock he had subscribed to as collateral without full payment or stock certificates issued. The plaintiff informed the defendant bank of the transaction. Chua Soco then defaulted on separate commercial debts to the defendant bank, who attached the shares. The court found that the plaintiff
- Author
- Bryce King
- Language
- EN