Tatsuno v. Kasai

The ease is one in equity involving stock transactions between the plaintiff, Tatsuno, and the defendant, Kasai. The case was tried to the court. It found that between January 1, 1918, and June 22, 1923, the plaintiff purchased 1,300 shares of the capital stock of the Tintic Standard Mining Company, which purchases, with plaintiff’s money, were made and effected by the defendant for and on behalf of the plaintiff; that the plaintiff and the defendant Were personal friends; and that the defendant, who was well educated and experienced and the plaintiff not, counseled and advised the plaintiff…