Legal Opinion
Newton v. Wade
Appellate Division of the Supreme Court of the State of New York
Decided January 19, 1934PublishedCited by 4 opinions
1Opinion of the CourtTownley, J.
The plaintiff brings this suit at law claiming $30,000 damages for various alleged wrongful acts of the defendants, stockbrokers, which caused losses to her as their customer. The only claim which the trial court allowed was based on a transaction of December 13,1928. At that time the defendants sold 200 shares of Houston Oil concededly without authority. This conversion was a technical conversion and not in any way made in bad faith. The customers’ man who sold the stock at about ninety-two and one-quarter thought he was doing it for the benefit of the account. The trial court has found that…
2Cases cited6 opinions
- Baltimore Steamship Co. v. PhillipsSupreme Court of the United States · 1927
- Schuylkill Fuel Corp. v. B. & C. Nieberg Realty Corp.New York Court of Appeals · 1929
- Baker v. . DrakeNew York Court of Appeals · 1873
- Wright v. . Bank of the MetropolisNew York Court of Appeals · 1888
- Taussig v. . HartNew York Court of Appeals · 1874
1 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- City of Detroit v. Michigan Public Utilities CommissionMichigan Supreme Court · 1939
- Phillips v. Bank of Athens Trust Co.New York Supreme Court · 1952
- Greenberg v. New York City Planning CommissionAppellate Division of the Supreme Court of the State of New York · 1975
- Miller Manufacturing Co. v. ZeilerAppellate Division of the Supreme Court of the State of New York · 1977