Forster v. Hill
Court of Appeals for the Sixth Circuit
In Error to the District Court of the United States for the Eastern District of Kentucky; Andrew M. J. Cochran, Judge. Action by Robert J. Hill against Walter Forster and another, doing business as Forster, Hauser & Co. Judgment for plaintiff, and defendant brings error.
1Opinion of the Court
DENISON, Circuit Judge.
Forster & Hauser were brokers in Cincinnati. Being without much capital, they conducted all their “dealings” through the Cincinnati Consolidated Grain & Stock Company, a bucket shop. Hill paid money to P'orster & Hauser with which they were to carry on for him a speculation in margins, and they did the business through the Consolidated Company. When this company failed, Hill had received back substantially all his investment, but the books of Forster & Hauser, properly written up from the daily records of the apparent transactions of the Consolidated Company, showed a…
2Cases cited12 opinions
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- McBlair v. GibbesSupreme Court of the United States · 1855
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3Cited by1 opinion
- McManus v. FultonMontana Supreme Court · 1929