Leland Fairbanks, Jr., Appellant v. Winthrop Sargent, as Executor

Summary

The Court reversed the lower courts, holding that the attorney's agreement with the original claim owner created an equitable assignment giving the attorney a lien on one‑third of the proceeds, that the later assignee was not a bona fide purchaser of the non‑negotiable bonds and therefore took subject to the attorney's lien, and that notice to the debtor was not required to make the lien valid.