Clews v. Bainbridge
New York Supreme Court
This was an action to recover a claim growing out of stock transactions. The necessary facts to an understanding of the case will appear in the opinion of the court.
1Opinion of the CourtFancher, J.
The defendant’s testator, Richard Bainbridge, in 1862 commenced dealing with the plaintiffs as brokers. From September, 1862, until May, 1863, the transactions occurred out of which this litigation has arisen. The plaintiffs received from Bainbridge a deposit for a margin, and made purchases and sales, for his account, of stocks, gold and United States demand notes. His original deposit with the plaintiffs was $5,070 44, and his agreement was to *358keep on deposit with them a margin of ten per cent, on the amount carried for his account. On the 27th of May, 1863, the plaintiffs rendered-to…
2Cases cited10 opinions
- Gillespie v. . TorranceNew York Court of Appeals · 1862
- Groshon v. LyonNew York Supreme Court · 1853
- Smith v. ThompsonNew York Supreme Court · 1823
- Goodrich v. . RussellNew York Court of Appeals · 1870
- Ransom v. WetmoreNew York Supreme Court · 1862
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3Cited by5 opinions
- Atherton v. AthertonNew York Supreme Court · 1894
- Goldberger v. Manhattan Railway Co.The Superior Court of the City of New York and Buffalo · 1893
- Klein v. Continental InsuranceNew York Supreme Court · 1891
- State ex rel. Wright v. McQuillinSupreme Court of Missouri · 1913
- Reynolds v. MooreAppellate Division of the Supreme Court of the State of New York · 1896