Legal Opinion

Gorman v. Littlefield

Supreme Court of the United States

Decided May 26, 1913No. 243PublishedCited by 93 opinions

APPEAL FROM THE .CIRCUIT COURT OF APPEALS FOR THE SECOND CIRCUIT. The facts, which involve the right of a customer of a bankrupt brokerage firm to shares of stock purchased for him by the bankrupt and fully paid for by the claimant prior to the petition, notwithstanding the certificates in possession of the bankrupt are not the identical ones purchased, are stated in the opinion. .

1Opinion of the CourtJustice Day

This case presents a controversy over 250 shares of Green Cananea Copper Company stock, which came into the possession of the trustee in bankruptcy of Albert O. Brown and others, copartners, trading under the name of A. O. Brown & Company. Appellant, James E. Gorman, 'claimed to be xthe owner of the shares of stock and instituted proceedings in the District Court to recover them. The matter was referred to a special master, who found the facts and recommended the transfer of the stock to the claimant.- The District Court upon hearing ruled otherwise, and, upon appeal to the Circuit Court of…

2Cases cited3 opinions

  1. Richardson v. ShawSupreme Court of the United States · 1908
  2. Sexton v. Kessler & Co.Supreme Court of the United States · 1912
  3. Markham v. . JaudonNew York Court of Appeals · 1869

3Cited by93 opinions

  1. Helvering v. RankinSupreme Court of the United States · 1935
  2. National City Bank of NY v. HotchkissSupreme Court of the United States · 1913
  3. Provost v. United StatesSupreme Court of the United States · 1926
  4. Hall v. PaineMassachusetts Supreme Judicial Court · 1916
  5. Duel v. HollinsSupreme Court of the United States · 1916

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