Corstorphine v. Bishop National Bank of Hawaii

OPINION OP THE COURT BY-

COKE, C. J. (Parsons, J., dissenting.)

Tile partnership firm of Williamson & Buttolph, for a long period of time prior and up to about June 8, 1932, was engaged in conducting a general stock brokerage business in the Territory of Hawaii, with headquarters at Honolulu. In 1924, or 1925, the plaintiff in error, James B. Corstorphine, assistant cashier of the Lihue branch of the Bank of Hawaii, opened an account with the broker which, from time to time, purchased and sold securities on the New York stock exchange through its New York correspondent for the account of…