Hamilburg v. Meffert

The defendants were stockbrokers doing business under the name of Clark, Childs and Company with offices in Boston and New York. The plaintiff was a margin customer of the defendants. This action is brought to *457recover a balance to the credit of the plaintiff in his account with the defendants. There was a verdict for the plaintiff. The only issue now raised turns upon the attempt of the defendants to charge the plaintiff’s account with a substantial loss which resulted from the plaintiff being “short” two hundred shares of “Westinghouse.” The plaintiff contends that he would not have been…