Thomas v. Taggart
Supreme Court of the United States
CERTIORARI TO THE CIRCUIT COURT OP APPEALS FOR THE SECOND CIRCUIT. The facts are stated in the opinion.
1Opinion of the CourtJustice Day
This case was argued and submitted with Henry Richardson, as Trustee in Bankruptcy, v. John. M. Shaw and Alexander Davidson, No. 122, just decided, ante p. 365. To the extent which the case involves the same general questions as to the legal relations of' stockbrokers and customers, we need not repeat the discussion had in Richardson v. Shaw, by which the conclusion was reached that under the usual contract for a speculative purchase of stock the customer is considered the pledgor and the broker the pledgee.
In this case it is necessary to notice certain specific features not arising .in. the…
2Cases cited3 opinions
- York Manufacturing Co. v. CassellSupreme Court of the United States · 1906
- Hewit v. Berlin MacHine WorksSupreme Court of the United States · 1904
- Hagan v. Scottish InsuranceSupreme Court of the United States · 1902
3Cited by84 opinions
- United States National Bank v. Chase National BankSupreme Court of the United States · 1947
- Holt v. Crucible Steel Co. of AmericaSupreme Court of the United States · 1912
- Broderick Wood Products Co. v. United StatesCourt of Appeals for the Tenth Circuit · 1952
- Duel v. HollinsSupreme Court of the United States · 1916
- Furber v. DaneMassachusetts Supreme Judicial Court · 1909
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