Grant v. Leopold

This is an appeal from an order denying defendants’ motion to vacate an order for the examination of one of the defendants before trial. The action is to recover $400 paid by plaintiffs to defendants as margin on stock transactions. It is plaintiffs’ claim that defendants operated a “ bucket shop ” and never really purchased or sold stock for plaintiffs, nor was it ever intended that they should by either party, and that the transaction was a mere wagering contract and, therefore, void. Defendants claim that they actually purchased and sold stock for plaintiffs and did a bona, fide brokerage…