Bennett v. Logan & Bryan

Logan & Bryan are stock brokers holding membership in the New York Stock Exchange and having offices in New York City and elsewhere. For some time prior to October, 1919, George G. Prentice conducted business as a stock broker in San Diego under the name of Prentice & Company. As such broker he purchased from Logan & Bryan for his customers certain securities, which were thereafter held by Logan & Bryan as security for the general indebtedness of Prentice & Company. At the time mentioned “the business of Prentice & Company was purchased by Mason & Owen, who thereafter, until the time of their…