After some conversation with him, I took the bonds to effect a loan, and went to Mr.
Bates, of Milford, Sussex County, New Jersey. I asked the person who he was, and he said that he was Dr. Applications of this sort - applications, I mean, from strangers - are not unusual they occur often, though not every day. He was quite gentlemanly in appearance very well dressed manners unexceptionable quite intelligent answered questions without hesitation. "On the 24th of February, 1859, a man came into my office and proposed to borrow $2,000 on the three bonds in question. The testimony of Parker - a broker in that city for the negotiation of loans, and a person, like Murray, of unquestionable character - presented the history of the transaction, in substance, thus:
#Antetype coupon full
In the meantime, however, on the morning after the theft, to-wit, on Thursday, the 24th, two days before the discovery of it (Saturday, the 26th), and four days before the first notices in New York (Monday, the 28th), these bonds were negotiated to Murray at his office in Wall Street, New York, for full value. Notices of the robbery appeared in the Philadelphia Ledger (the newspaper of Philadelphia having the largest circulation there) and in leading New York papers on Monday, the 28th. The theft was not discovered till Saturday, the 26th. On the night of Wednesday, the 23d February, 1859, Lardner's fireproof was broken open and the three bonds stolen. Murray was a broker of character engaged in the negotiation of such bonds in New York. He kept the bonds in a fireproof in this office. He resided in the country about nine miles from Philadelphia, but had an office in that city where he went to transact business two days in the week, Wednesdays and Saturdays. They were coupon bonds of the ordinary kind, and payable to bearer. Lardner was the owner of three bonds of the Camden & Amboy Railroad Company, for $1,000 each. Harvey, 4 Adolphus & Ellis' 870, approved Goodman v.
Cubit, 3 Barnewall & Cresswell 466, denied Goodman v. The burden of proof on a question of such faith lies on the party who assails the possession. 110 110 (1864)Ĭoupon bonds, of the ordinary kind, payable to bearer, pass by delivery, and a purchaser of them, in good faith, is unaffected by want of title in the vendor.
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