Minor v. Beveridge
New York Supreme Court
Appeal from circuit court, New York county. - Action by C. Elliott Minor, as assignee for the benefit of the creditors of the firm of Gallaudet & Co., against Cornelia A. Beveridge, to recover for losses on the sale of stock. This is a motion for a new trial, on exceptions to the dismissal of the complaint, ordered to be heard in the first instance at the general term. Exceptions overruled, and judgment for defendant.
1Opinion of the CourtVan Brunt, P. J.
This action was brought by the plaintiff, as assignee for the benefit of the creditors of the late firm of Gallaudet & Co., who had been bankers and brokers in stocks, bonds, and other securities, against the defendant, who had been a customer of said firm. Certain stock having been purchased for the defendant by said Gallaudet & Co., it was carried for a long period of time. In June, 1886, pursuant to a request then made by Gallaudet & Co., the defendant deposited a certificate of 50 shares of Pacific Mail stock as margin on the account. A son of the defendant was throughout this period an…
2Cases cited2 opinions
- Capron v. . ThompsonNew York Court of Appeals · 1881
- Rogers v. . WileyNew York Court of Appeals · 1892
3Cited by1 opinion
- Gillett v. . WhitingNew York Court of Appeals · 1894