interest in his debtor would not disqualify him as an officer to attest papers; that the policyholder's prospects of drawing dividends were swallowed up in his rights as a creditor; that his chance to share in the surplus assets depended on a dissolution occurring while he was still a policyholder, and on an effect being given the "income certificates" issued since his policy, under a new charter clause dividing the assets among the certificate holders pro rata, whereby they would not be entitled to all the assets; that this rendered the policyholder's interest in the assets so conditional, uncertain, and ambulatory that it could not defeat the official act honestly performed. It has been held that the mere fact that a man is an officer of a corporation does not furnish the presumption that he is a stockholder in the corporation, so as to disqualify him from taking the acknowledgment of a corporate instrument. quently disqualified to take such acknowledgment. And, in Horbach v. Tyrrell (1896) 48 Neb. 514, 37 L.R.A. 434, 67 N. W. 485, it was held that the fact that one is shown to be a secretary and treasurer of a corporation will not authorize the presumption that he is a stockholder of such corporation, and disqualify him to take the acknowledgment of corporate instruments. In Ogden Bldg. & L. Asso. v. Mensch (1902) 196 Ill. 554, 89 Am. St. Rep. 330, 63 N. W. 1049, the court said, obiter: "It is well, as it seems to us, to here remark that an attorney or agent of a party who is beneficially interested in a deed or mortgage, or one who is a director or other officer, or an agent, but not a stockholder, in a corporation which is interested in the instrument to be acknowledged, is not disqualified to take and certify to an acknowledgment in an official capacity." In Wolf v. Union Trust Co. (1926) 150 Md. 385, 133 Atl. 121, it was held that the vice president of the payee bank was not disqualified by his office from protesting a note as a notary public, it not appearing in this case that the vice president was a stockholder in the corporation. R. L. M. ACCEPTANCE. Landlord's acceptance of surrender of ACCESS. Tenant's right of access, see LANDLORD AND TENANT. ACKNOWLEDGMENT. Who may take. Mutual insurance company, acknowledg- Qualification of stockholder of a corpo- Liability of officer taking. Damages for false or incomplete certifi- The dash in each citation stands for A.L.R. 1535 Insurance on automobile, see INSURANCE. See WAR. Italic type indicates points with annotation; roman type points without. ANARCHY. Libel or slander by charging anarchism, ANIMALS. Damages for breach of warranty as to, Warranty on sale of, see SALE. Property rights in. ence of brand on animal prima facie Killing or injuring. animals on track, see RAILROADS. Damages for sale of live stock infected with disease, see DAMAGES. Implied warranty of fitness for breeding ANTICIPATION. Injunction against anticipated or APPEAL AND ERROR. Contempt case, appeal in, see CONTEMPT. Formal judgment or order, necessity of. 51-1200. contempt cases. Criminal contempt, denial of right to ap- criminal cases. Criminal contempt, see ante. Record and case in appellate court Letter not appearing in record, power to Interest, refusal to consider instruction Raising question by motion as to evi- Rules of decision as to evidence in re- Considering evidence most favorable to The dash in each citation stands for A.L.R. 51 A.L.R.-97. See CONSENT. evidence. as to instructions. Misleading instructions on matters not in Total disability, instruction as to inter- -as to findings, verdict, or judgment. statute in canceling, rather than ASSESSORS. Tax assessors, see TAXES. ASSETS. Bank's power to pledge assets, see BANKS. ASSIGNMENT. Judgment, see JUDGMENT. Set-off as against assignee, see SET-OFF ASSIGNMENT FOR CREDITORS. State's prerogative right of preference ASSOCIATIONS. Acknowledgment of instrument by asso- Courts. Italic type indicates points with annotation; roman type points without. |