Legal Opinion

Guild v. Hopkins

Appellate Division of the Supreme Court of the State of New York

Decided June 28, 1946Published

1Opinion of the CourtCohn, J.

This action was brought to require appellants as partners of the stock exchange firm of Herrick, tBerg & Company (hereinafter called “ Herrick Berg ”) to account for all property received from respondent and to account for all transactions in connection with the operation of a margin account which they maintained in respondent’s name from June, 1929, to June, 1938.

The complaint alleges that the account was a discretionary one; that respondent authorized Herrick Berg to execute such orders to buy and sell as in the discretion of Charles F. Guild (who is respondent’s son) should be for…

2Cases cited26 opinions

  1. Schmidt v. Merchants Despatch Transportation Co.New York Court of Appeals · 1936
  2. Brick v. Cohn-Hall-Marx Co.New York Court of Appeals · 1937
  3. Bischoff v. . Yorkville BankNew York Court of Appeals · 1916
  4. National Safe Deposit, Sav. & Trust Co. of DC v. HibbsSupreme Court of the United States · 1913
  5. Keys v. LeopoldNew York Court of Appeals · 1925

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