Hammond v. Hastings
134 U.S. 401 (1890)

Annotate this Case

U.S. Supreme Court

Hammond v. Hastings, 134 U.S. 401 (1890)

Hammond v. Hastings

No. 200

Argued March 7, 1890

Decided March 24, 1890

134 U.S. 401

Syllabus

When, by general law, a lien is given to a corporation upon the stock of a stockholder in the corporation for any indebtedness owing by him to it, that lien is valid and enforceable against all the world, and a sale of the stockholder's stock to a person ignorant of the lien will not discharge it and thus authorize the purchaser to demand and receive a transfer of it so discharged.

The case is stated in the opinion.

Official Supreme Court caselaw is only found in the print version of the United States Reports. Justia caselaw is provided for general informational purposes only, and may not reflect current legal developments, verdicts or settlements. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or information linked to from this site. Please check official sources.