Heaphy v. . Kerr
New York Court of Appeals
Appeal from an order of the Appellate Division of the Supreme Court in the first judicial department, entered February 6, 1920, reversing a judgment in favor of defendants entered upon a verdict and granting a new trial. Plaintiff deposited with defendants (stockbrokers) certain shares of stock as security for a margin account.
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Appeal from an order of the Appellate Division of the Supreme Court in the first judicial department, entered February 6, 1920, reversing a judgment in favor of defendants entered upon a verdict and granting a new trial. Plaintiff deposited with defendants (stockbrokers) certain shares of stock as security for a margin account. Defendants repledged all of the stock for an amount largely in excess of plaintiff’s indebtedness, the stock was sold by the pledgees and defendants went into bankruptcy. Plaintiff contended and the Appellate Division held that the conversion of the stock by the…
1Opinion of the Court
Order affirmed and judgment absolute ordered against appellants on the stipulation, with costs in all courts; no opinion.
Concur: Hogan, Cardozo, Pound, McLaughlin, Crane and Andrews, JJ. Absent: Hiscock, Ch. J.
2Cited by9 opinions
- Commonwealth v. HullMassachusetts Supreme Judicial Court · 1937
- Scheuer v. Salmon Weed & Co.Court of Appeals for the Second Circuit · 1931
- Brown v. GareyNew York Court of Appeals · 1935
- Smith v. LadrieSupreme Court of Vermont · 1925
- In re GreenCourt of Appeals for the Second Circuit · 1926
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