Hancock v. Fletcher

Maxwell, President:

This is an action by a stock broker against a customer for $275.00 lost in the sale of certain shares of corporate stock on the open market by the broker allegedly for the account of the customer. The court directed a verdict for the plaintiff for the amount claimed and entered judgment thereon. Writ of error was awarded the defendant.

A few days prior to the 7th of April, 1932, conversation was had between the plaintiff and defendant with respect to the prospective purchase by the defendant, of the plaintiff, of some shares of preferred stock of the Appalachian Electric…