Legal Opinion

Hirsch v. Jacoby

Appellate Terms of the Supreme Court of New York

Decided December 23, 1913PublishedCited by 1 opinion

Appeal from City Court of New York, Trial Term. Action by Charles S. Hirsch and others, partners as Hirsch, Lilienthal & Company, against Joseph Jacoby. From a judgment on a verdict directed for plaintiffs, defendant appeals.

1Opinion of the CourtPage, J.

This is an action brought by the plaintiffs, a firm of stockbrokers, to recover an alléged balance of $620.29 on an account which they were carrying for the defendant for speculation in stocks on margin. It is not disputed that on August 29, 1912, the plaintiffs held for the defendant’s account 100 shares of Brooklyn Rapid Transit stock and 100 shares of Seaboard Air Line stock with a margin of between $200 and $300 credit. The defendant’s account was placed with the plaintiff through one Benjamin L. Sinsheimer, who was a personal friend of the defendant and was employed by the plaintiffs as…

2Cases cited2 opinions

  1. Reilly v. Manhattan Railway Co.New York Supreme Court · 1895
  2. Zimmermann v. HeilNew York Supreme Court · 1895

3Cited by1 opinion

  1. Hirsch v. JacobyAppellate Division of the Supreme Court of the State of New York · 1914

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