People ex rel. Rosenberg v. Hanley

The defendant is charged with the violation of subdivision 2 of section 1290 of the Penal Law. The present matter is before me on an argument on a writ of habeas corpus. In January, 1922, the firm of Oliver & Houghton (hereafter called Oliver), cotton brokers, of this city, gave to Henry M. Peers & Co., another brokerage house, a firm of which defendant is a member, an order to purchase on their account 1,000 bales of cotton. After the purchase Oliver gave Peers & Co. a check for $10,000 “ as margin of $10 a bale on the one thousand bales you just reported for our account.” Peers & Co. by…