Русско-англо-русский юридический словарь

For example, in Schram v. Sage, 46 F. Supp. 381 (E.D. Mich. 1942), the court cited the Restatement of Security § 8 and held that where stock certificates were in the possession of a bank, as senior pledgee, a subsequent pledge agreement between the pledgor and a junior pledgee, of which the bank had notice, created a pledge junior to the bank's pledge. Id. at 383. (Fordham Law Review)