Osborne v. Curtis
Appellate Division of the Supreme Court of the State of New York
Appeal by the defendants, Allen Curtis and others, from <7 judgment of the Supreme Court in favor of the plaintiff, entered in the office of the clerk of the county of New York on the 3d day of January, 1924, upon the decision of the court rendered after a trial at the New York Special Term.
1Opinion of the Court
McAvoy, J.:
The plaintiff and his brother both had margin accounts with defendants who are brokers. The plaintiff’s brother, Ernest, was told that he ought to have more margin, and one of the partners in the brokerage firm, Townsend, suggested that Ernest get his brother, Harold, the plaintiff, to transfer twenty shares of Wyoming Hotel Company stock from Harold’s account to Ernest’s credit. Harold, after Ernest spoke to him about the proposal, called on Townsend and was told that the brother’s account was in “ bad shape ” and would have to be “ made right ” by more margin. Harold consented to…
2Cases cited1 opinion
- Rector, Etc. v. . TeedNew York Court of Appeals · 1890
3Cited by3 opinions
- Western MacHinery Company, a Corporation v. Northwestern Improvement Company, a CorporationCourt of Appeals for the Ninth Circuit · 1958
- Holland v. PresleyAppellate Division of the Supreme Court of the State of New York · 1939
- Janoff v. Sheepshead Towers, Inc.Appellate Division of the Supreme Court of the State of New York · 1964