Bird v. DuPont Glore Forgan, Inc.

KELLY, Associate Judge:

DuPont Glore Forgan, Inc. (DuPont), a brokerage house, sued Richard W. Bird for a balance of $1,725.70 said to be due as a result of losses incurred in a commodities trading account which Bird had previously had with the firm. DuPont alleged that when the balance in Bird’s ac*396count fell below the amount of margin required to continue trading, the account was closed with a deficit of $1,725.70.1 Appellant claimed that he had provided ample funds to maintain an adequate margin in the account by delivering a $2,000 check to DuPont in mid-June of 1970 but, because of…