1 Conversely, a pledgee, in pursuance of his agreement, may alienate the pledge, though not its owner; this, however, may seem to rest on the assent of the Pledgor given at the inception of the contract, in which it was agreed that the pledgee should have a power of sale in default of repayment.
"The Institutes of Justinian"
Caesar Flavius Justinian
In other cases, if the record remains unchanged, the Pledgor can vote the stock.
"Putnam's Handy Law Book for the Layman"
Albert Sidney Bolles
But if the Pledgor has transferred his right to vote the stock, he cannot ask a court to restore his right to vote it until the purpose for which it was pledged has been satisfied.
"Putnam's Handy Law Book for the Layman"
Albert Sidney Bolles