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stock certificate

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 78 U.S. 369 - Bank v. Lanier · 1870Most cited · 126 citing opinions

This is a notification to all persons interested to know, that whoever in good faith buys the stock, and produces to the corporation the certificates, regularly assigned, with power to transfer, is entitled to have the stock transferred to him. And the notification goes further, for it assures the holder that the corporation will not transfer the stock to any one not in possession of the certificates.