Hobart v. Vanden Bosch

This is a suit for damages which plaintiff alleges he sustained by reason of defendants’ unlawful conversion of 30 bank stock trust shares C-D3. On trial by the court without a jury, plaintiff had judgment. Defendants have appealed.

Pursuant to plaintiff’s order, A. Gr. Ghysels & Co., acting as broker, on or about May 18, 1929, purchased for plaintiff 30 bank stock trust shares C-D3 at a total cost of $1,065. By exchange of other securities delivered by plaintiff to his broker $938.30 was paid on plaintiff’s purchase. The balance of $126.70 remained unpaid. The stock purchased by plaintiff was…