case hildyard versus Southsea company and keate sir Joseph Jekyll Eq can ab pl  pl one transfer stock by virtue of a forge letter of attorney the transfer to  be void and the right owner not hurt and the dividend receive under this forge  letter of attorney together with the stock to betake back from the assignee  and restore to the right owner the plaintiff hildyard be possess of pound  Southsea stock and one Ross bring a forge letter of attorney to the Southsea  company empower he the say Ross as attorney to the plaintiff hildyard to  transfer this stock to the defendant keate the transfer be for a valuable  consideration and this letter of attorney attest by two witness whereupon the  Southsea company transfer this pound stock to keate and pay the next dividend  to he afterward the company be inform by the plaintiff hildyard that this  letter of attorney be forge upon which they stop payment and the plaintiff  hildyard bring his bill to have this stock transfer back and also to have the  dividend which have be pay to the defendant account for to he object for the  defendant keate that he be a fair and peer William innocent purchaser and  whatever advantage the plaintiff can have at law against he there be certain  no reason for equity to lend any assistance that it will be a extreme hardship  if the defendant shall run the risk of such letter of attorney especial after  the south sea company have pursuant thereto transfer the stock to he as in  this case they actual have do and with regard to the dividend it be say to be  still more unreasonable that these when once pay to he shall by the aid of a  court of equity be afterward take from he say per cur when the defendant keate  buy by letter of attorney it be incumbent upon he and at his peril to see that  such letter of attorney be a true one it be more his concern and in his power  to inquire into the reality of this letter of attorney than of any other  person so that the rule of caveat emptor be in this case proper applicable to  he on the other side it be plain that though the defendant keate have be in  fault yet here can be no pretence of fault or neglect in the plaintiff  hildyard and therefore it will be most apparent unjust to let he suffer a  forge letter of attorney be as to he the same as no letter of attorney  consequent his stock which have be transfer from he without any authority at  all ought to be restore to he then as to the company they be but instrument  and conduitpipe or like the lord of the manor in case of a surrender of a  copyhold where if there shall be a forge letter of attorney empower one of the  copyholder to surrender to peer William the use of I S and thereupon the  attorney in the name of the copyholder shall surrender to the use of I S who  shall be accord admit by the lord yet this admittance will be void and so be  the transfer of this stock to the defendant keate and it will be of public use  that those who accept of a transfer of stock under a letter of attorney shall  be oblige to take strict care of the validity and reality of such letter of  attorney for no other person can be so proper concern to do it let the company  take this pound Southsea stock from the defendant keate and restore it to the  plaintiff hildyard and let the defendant keate and not the company pay back  the dividend which lie have without good authority receive to the plaintiff  and let the defendant keate who have be in default in this case by reason of  his neglect pay both to the company and the plaintiff their cost Reg lib a fol  the whole stock sell under the forge letter of attorney be pound of which  pound be sell to keate and pound to Burman who both treat for the purpose with  a public broker at the Southsea house and be inform by the broker that he sell  it for John Ross the cause appear to have be hear on bill and answer and no  particular circumstance be state or rely upon as take the case out of a  general rule peer William er p the decree be as follow his honour do order  that the Southsea company do vacate the transfer of pound stock to the  defendant keate and the transfer of pound to the defendant Burman and also the  stock respective add thereto after the rate of pound S d per cent pursuant to  the act of parliament and give the plaintiff credit in their book for the  whole pound stock and also the say additional stock and to pay the plaintiff  all the dividend which have accrue due for the same and the say Southsea  company be to be at liberty to prosecute the defendant keate and Burman in the  plaintiff name for the recovery of what have be pay to the defendant keate and  Burman on account of the say pound stock and the say additional stock the say  company indemnifying the plaintiff in respect thereof and the plaintiff be to  pay the say Southsea company their cost and the defendant keate and Burman be  to pay the plaintiff their cost and also the cost pay over by the plaintiff to  the cc company  But this decision do not appear to have be follow in any other  instance et vide contra Ashby v Blackwell Amb S c Eden Davis v bank of England  bing