David Josiah Brewer

“ The single question is whether the corporation had a lien upon the stock for Sweet's indebtedness, as against the claims of the bank and the u rchaser. This question must be answered in the affirmative; for the rule is clear and unquestioned that where by general law a lien is given to a corporation upon its stock for the indebtedness of the stockholder, it is valid and enforceable against all the world. ”

“ Generally, wherever paper of a nature similar to this is issued, under authority granted by general statute, whoever deals with that paper is charged with notice of all limitations and burdens attached to it by such statute. ”

“ In the case in 2 Wheat., supra, where the act of incorporation gave lien, this court, by Mr. Justice STORY, said: 'The certificate, issued to Patton for the fifty shares held by him, (which is in the usual form,) declares the shares to be 'transferable at the said bank, by the said Patton, or his attorney, on surrendering this certificate.' No person, therefore, can acquire a legal title to any shares, except under a regular transfer, according to the rules of the bank ”