Starkey v. Nixon

These two cases involve the same questions and were heard together below and in this court.

The defendant Nixon placed an order with Silverman, a stockbroker in Chattanooga, for two hundred shares of Midvale steel stock and two hundred shares of Mar-*640laud oil stock. Silverman got tire stock, and Nixon paid him for it $11,530. Nixon was buying- for investment, and it was agreed between him and Silverman that the latter would procure a transfer of the shares of stock on the books of the two corporations, and procure new certificates in Nixon’s name. Silverman undertook to send the certificates to…