Dunnette v. Henry L. Doherty & Co.

Plaintiff in her own right and as assignee of her sister, whose funds she handled, brought this suit to recover from defendants money by her entrusted to Walter F. Plumb, a licensed salesman of the defendant Doherty & Company, to be invested by the company in certain securities. The funds were misappropriated by Plumb. The Fidelity & Deposit Company was on the Doherty & Company bond, ■which was filed with the Michigan securities commission in accordance with the so-called blue sky law. Act No. 220, Pub. Acts 1923. Defendants pleaded the general issue and gave notice of special defenses. The…