Legal Opinion
McGowan v. Eastman
New York Court of Appeals
Decided May 19, 1936PublishedCited by 35 opinions
1Opinion of the CourtO’Brien, J.
Defendants are members of a copartnership of stockbrokers which maintained its principal place of business in New York and a branch office at Reading, Pa. Ralph Prendergast had been its manager at Reading but, when this action was begun, he was no longer an employee. According to the complaint, George T. Cobb was cashier of the Penn National Bank and Trust Company of Reading and opened an account with defendants’ branch office in the name of the bank. Defendants conducted speculative transactions for Cobb without obtaining consent of the bank. Cobb utilized this account for his own purposes…
2Cases cited3 opinions
- Chartered Bank of India v. North River InsuranceAppellate Division of the Supreme Court of the State of New York · 1910
- Western Elevating Ass'n v. ChapmanAppellate Division of the Supreme Court of the State of New York · 1933
- Searle v. Halstead & Co.Appellate Division of the Supreme Court of the State of New York · 1910
3Cited by35 opinions
- HANN, RICHARD v. BLACK, STEPHEN R.Appellate Division of the Supreme Court of the State of New York · 2012
- City of Buffalo v. Hanna Furnace Corp.New York Court of Appeals · 1953
- Masciarelli v. Delaware & Hudson RailroadNew York Supreme Court · 1942
- Schwartz v. Brooklyn & Queens Transit Corp.Appellate Division of the Supreme Court of the State of New York · 1940
- Frankel v. French & Polyclinic Medical School & Health CenterAppellate Division of the Supreme Court of the State of New York · 1979
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