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Reports of Cases in the High Court of Chancery of Maryland 1846-1854
Volume 200, Volume 1, Page 575   View pdf image (33K)
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INDEX. 575

LIABILITY OF CORPORATIONS, tie.—Cimtinwd.

inquiry, and if it omitted to do so, and loss resulted, the loss would be
thrown upon it. 16.

4. Where a party transfers stock as "ca-tcittor," the bank must know that
there is a will, of which, in Maryland, it is bound to take notice. But
where the entry upon the books of a corporation only showed that the
stock stood in the name of certain persons as trustees, without show-
ing who were the cestui que trusts, or what the nature of the truat was.
It was HELD—That this entry standing by itself was not sufficient to
put the corporation upon the inquiry, and to make it responsible OB the
ground of negligence. 16.
See NOTICE OF TRUST.

LIEN.

See JUDGMENT LIEN.
MECHANICS' LIES.
SEAMAN'S WAGES.

SPECIFIC PEBFOIIMANCE, 8.
ATTORNEY,1.

LIFE INSURANCE POLICY.

See ASSIGNMENT, 1.
LIMITATIONS, STATUTE OF.

1. The transactions out of which the claim arose, occurring early in 1840,
and the bill not having been filed until January, 1846, the statute of
limitations was held to be a flat bar to the plaintiff's right to recover.
White vs. WKiU, 53.

2. The statute of limitations does not apply to a purely technical trust, of
which a Court of Chancery has exclusive jurisdiction. Ib.

3. If the relation of trustee and cestui qui trust once existed between these
parties, the relation terminated as soon as the stock was sold, and the
obligation to pay over the proceeds supervened, and then the right of
action accrued, and limitations began to run. Ib.

4. The statute of limitations does not apply to the wife's remedy by action
for her dower, though it does not follow that lapse of time may not
operate as a bar to a bill for an account. KWatt vs. TrimWe, 144.

5. The running of tb^ act of limitations is suspended by an injunction.
Little vs. Price, 182.

6. When limitations are relied upon, the defence avails only in favor of
the parties who set it up. Dycon, vs. .Dworo, 271.

ISee LAPSE OF TIME, 4.
MACHINERY.

See MECHANICS' LIEN, 4.
MANUMISSION.

1. The whole of the testator's property, will, in equity, be charged with the
payment of his debts, in favor of his manumitted slaves, and in a ju-
dicial proceeding to determine the invalidity of a deed of manumission
as being in prejudice of creditors, the negro manumitted is entitled to
the assistance of the heir at law, or the person holding the real estate,
in taking an account of the amount thereof, before the insolvency of



 
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Reports of Cases in the High Court of Chancery of Maryland 1846-1854
Volume 200, Volume 1, Page 575   View pdf image (33K)
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