Donald Friedman & Co. v. Newman

Plaintiff, a dealer in bank stocks, seeks reformation of a sales confirmation sent by mistake to defendant from which it erroneously appeared that ten shares of Chase National Bank stock had been sold to defendant at the price of $1,060 per share, when the actual sales price, as well as the prevailing market price, was $1,160 per share. Judgment for the loss sustained when defendant declined to accept and pay for the shares so purchased at $1,160 per share is also asked.

The judgment appealed from denies relief to plaintiff and awards judgment to defendant upon his counterclaim for damages…