Legal Opinion

Argus v. Ware & Leland

Supreme Court of Iowa

Decided June 8, 1912PublishedCited by 13 opinions

'Appeal from Shenandoah Superior Court. — Hon. George H. Castre, Judge. Action by plaintiff against the defendant as a brokerage firm to recover the profits inuring to the plaintiff upon the purchase and sale of grain in his behalf. There was a trial to the jury and a verdict and judgment for the plaintiff, and the defendant appeals.

1Opinion of the CourtEvans, J.

The defendant is a partnership, and is engaged as a brokerage firm upon the Board of Trade in Chicago. It maintained a local office at Shenandoah, Iowa. The plaintiff was one of its customers, and had on deposit with it $240 to protect his deals. On the morning of July 8, 1910, plaintiff ordered the purchase of one thousand bushels of September wheat at a stated price. This order was immediately executed. Later in the day, he ordered the purchase of another thousand bushels of September wheat. In the transmission of this second order from the Shenandoah office to the Chicago office, a mistake…

2Cases cited2 opinions

  1. Clews v. JamiesonSupreme Court of the United States · 1901
  2. Ruthven v. Beckwith & De GroatSupreme Court of Iowa · 1890

3Cited by13 opinions

  1. State v. KieferSupreme Court of Iowa · 1917
  2. Miller v. Chatsworth Savings BankSupreme Court of Iowa · 1927
  3. Andrew v. Estate of JohnsonSupreme Court of Iowa · 1930
  4. L. Terry v. American Insurance Co.Supreme Court of Iowa · 1925
  5. Montgomery v. Van RonkSupreme Court of Pennsylvania · 1937

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