Legal Opinion

Delafield v. Barret

New York Court of Appeals

Decided January 28, 1936PublishedCited by 23 opinions

1Opinion of the CourtHubbs, J.

The respondent Marie S. Livingston was general guardian of her two minor daughters, the plaintiffs in this action. The appellants constituted the firm of Spencer Trask & Company, investment brokers. The respondent Marie S. Livingston called and requested the appellant Barret, a personal friend, to advise her with respect to investments for herself and her children. Barret informed her that his duties constituted investigating new business enterprises in need of financing; that this was the type of securities with which he was most familiar and qualified to advise her. She thereupon informed…

2Cases cited5 opinions

  1. Riggs v. . PalmerNew York Court of Appeals · 1889
  2. Reiner v. North American Newspaper AllianceNew York Court of Appeals · 1932
  3. Steele v. LeopoldAppellate Division of the Supreme Court of the State of New York · 1909
  4. Steele v. . LeopoldNew York Court of Appeals · 1911
  5. In re the Estate of JacobsNew York Surrogate's Court · 1934

3Cited by23 opinions

  1. Withers v. TEACHERS'RETIREMENT SYSTEM, ETC.District Court, S.D. New York · 1978
  2. Valdimer v. Mount Vernon Hebrew Camps, Inc.New York Court of Appeals · 1961
  3. United States Ex Rel. Willoughby v. HowardSupreme Court of the United States · 1938
  4. Ohio Casualty Insurance v. MallisonOregon Supreme Court · 1960
  5. Stark v. National City BankNew York Court of Appeals · 1938

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