Sheridan v. Weber

Plaintiff, a stock salesman, brings this action to recover commissions claimed to have been earned by him in the sale of the capital stock of the Genesee Corporation. The court directed a verdict for the defendants, upon the sole ground that the plaintiff was engaged in selling securities which “ were forbidden by law to be sold at that time.”

There is ample evidence to sustain a finding that the defendants employed the plaintiff to sell the stock of the Genesee Corporation, which they were about to incorporate, and that they agreed to pay him a commission of twenty-five per cent on all such…