Pizer v. Hunt

From the report of the auditoi1, and evidence introduced at the jury waived hearing, it appears that on May 12, 1919, one Philip E. Gash opened a margin account with the defendants under the name of “P. E. Gash” and signed a customer’s registration card. This card set .out certain stipulations and conditions which should govern the transactions between them, and contained a paragraph reading: “(2) In the making of loans or the delivery of securities either for my account or for the account of your other customers in the usual and regular course of your business, I hereby authorize you to…