New York Court of Appeals

Anna M. Cushman, Respondent v. Thayer Manufacturing Jewelry Company, Appellant

March 18, 187976 N.Y. 365

Summary

The Court affirmed the lower court's judgment granting the plaintiff equitable relief to compel the corporation to transfer the stock certificate to her. It held that an equitable action lies where damages would be inadequate, that the plaintiff's assignment (even without consideration) conveyed full title, and that the subsequent transfer to the officer was ineffective. The denial of a jury trial was also upheld.