Legal Opinion

Little v. William F. Fearon & Co.

Supreme Court of Pennsylvania

Decided March 6, 1916No. Appeal, No. 262PublishedCited by 8 opinions

Appeal, No. 262, Jan. T., 1914, by plaintiff, from judgment of C. P. No. 2, Philadelphia Co., Dec. T., 1910, No. 3957, on verdict for defendant in case of Mary Downing Little v. William F. Fearon, trading as William F. Fearon & Co. Trespass to recover for the conversion of securities. Before Sulzberger, P. J. The opinion of the Supreme Court states the facts. The court instructed the jury to find a verdict for defendant, upon which judgment was entered. Plaintiff appealed.

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Appeal, No. 262, Jan. T., 1914, by plaintiff, from judgment of C. P. No. 2, Philadelphia Co., Dec. T., 1910, No. 3957, on verdict for defendant in case of Mary Downing Little v. William F. Fearon, trading as William F. Fearon & Co. Trespass to recover for the conversion of securities. Before Sulzberger, P. J. The opinion of the Supreme Court states the facts. The court instructed the jury to find a verdict for defendant, upon which judgment was entered. Plaintiff appealed. Errors assigned were instructions to the jury, overruling the motion for new trial, and rulings on evidence.

1Opinion of the Court

Opinion by

Mr. Justice Walling,

Defendant is a stockbroker, trading as William F. Fearon & Co. Plaintiff’s husband, Henry Ashton Little, is an attorney. Between April, 1904, and June, 1906, Mr. Little had large stock transactions with defendant, of which the latter kept detailed account. *To protect the same it became necessary for Mr. Little to deposit funds and collateral; and in connection therewith he gave defendant an agreement as follows, viz:

“COLLATERAL AGREEMENT.
“I do hereby agree that as to any cash or securities which I have heretofore deposited with Wm. F. Fearon & Co., and also that…

2Cases cited4 opinions

  1. Wood v. SmithSupreme Court of Pennsylvania · 1880
  2. Shattuck v. American Cement Co.Supreme Court of Pennsylvania · 1903
  3. McManus v. LaughlinSupreme Court of Pennsylvania · 1898
  4. Souder v. Columbia National BankSupreme Court of Pennsylvania · 1893

3Cited by8 opinions

  1. Leitch v. Sanford Motor Truck Co.Supreme Court of Pennsylvania · 1924
  2. Pennsylvania Co., for Ins. on Lives v. LynchSupreme Court of Pennsylvania · 1932
  3. Commercial Motors Mortgage Corp. v. WatersSupreme Court of Pennsylvania · 1924
  4. Truck Tractor & Forwarding Co. v. BakerSupreme Court of Pennsylvania · 1924
  5. Winakur v. SapournCourt of Appeals of Maryland · 1929

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