Samuel Blatchford

“ The court said in reply: 'I have already stated my idea of the legal character of this contract,-that there was no obligation on the part of the trust company to sell the stocks and bonds except upon a request of the pledgor, and there was no obligation to prosecute the claims to suit at their own expense, although such prosecution might have been requested by the pledgor, and there is no evidence that there was any request to sell the securities, and there is no evidence of what the law calls negligence on the part of the trust company.' The defendant excepted to each branch of that ruling. ”

“ A formal bill of sale of the three choses in action was given by the assignee to McGregor, and the nine dollars was paid.
In the mean time, Culver had become interested in the Jersey City & Albany Railroad Company, which was the successor of the Rockland Central Railroad Company and of the Ridgefield Park Railroad Company; and it was proposed that the three companies last mentioned should be reorganized into the Jersey City & Albany Railway Company of New York and New Jersey. ”

“ The court directed a verdict for the plaintiff, which was rendered in the sum of $76,659.96; and for that amount, with costs, making in all $76,698.38, a judgment was rendered against Culver on November 23, 1887, in favor of 'George Wilkinson, receiver of the American Trust Company of New Jersey.' To review that judgment, Culver has brought a writ of error. A motion for a new trial was made before Judge SHIPMAN and denied February 7, 1883. 33 Fed. Rep. ”