Kassuba Commission Co. v. Blodgett

The following opinion was filed November 18, 1913:

TimliN, -J.

The question presented in this case is whether, upon the following facts found, a broker may recover in a suit against his principal for advances:

The defendant through the plaintiff broker bought grain on the Milwaukee board of trade upon margins, for future delivery, and, before the day for delivery arrived, sold like quantities of grain for like delivery and offset the trades, leaving defendant with a credit of $253.25 in thé hands of the plaintiff. Thereafter defendant through this broker made several sales of grain for May,…