Barnes v. Beaumont

SEBRING, Justice.

Margaret Beaumont filed a complaint against Malvina Barnes, and one Harry Winston, to recover upon a written indemnification agreement executed by them. In the complaint Mrs. Beaumont alleged, in substance, that on September 6, 1951, after several weeks’ solicitation by. Winston, she forwarded to a New York stock brokerage firm, at his behest, the sum of $5,000 to be used by him in purchasing corporate stocks and options or “calls” on her account, with the understanding that Winston should have . full and complete control over all transactions, free from any interference by…