Legal Opinion
du Pont v. Neiman
California Court of Appeal
Decided December 20, 1957No. Civ. No. 22274PublishedCited by 1 opinion
1Opinion of the CourtFox, Acting P. J.
Plaintiffs are brokers for customers in the purchase of securities and commodities and as such are members of the principal exchanges, including the Chicago Board of Trade and the New York Cotton Exchange.
On March 28, 1952, defendant opened with plaintiffs Account Number 6467, which was a commodity margin account trading in commodities for future delivery. The commodities traded in the account were soy beans, cotton, wool tops and grease wool. The transactions in beans were executed on the Chicago Board of Trade; the others on the New York Cotton Exchange. On June 17, 1952, defendant opened…
2Cases cited2 opinions
- Jacobs v. HymanCourt of Appeals for the Fifth Circuit · 1923
- Cohen v. RothschildAppellate Division of the Supreme Court of the State of New York · 1918
3Cited by1 opinion
- Murlas Brothers Commodities, Inc. v. BushmanWisconsin Supreme Court · 1979