Miller v. Stieglitz

The opinion of'the court was delivered by

Wells, J.

The defendants in this case were stock brokers having their main office in New York city and a branch office in Newark, New Jersey. The plaintiff was carried on their books as a customer. On June 14th, 1930, defendants deducted $1,180.78 from plaintiff’s account for reasons hereinafter stated. This precipitated the present suit and the question involved was whether the action of the defendants in deducting this amount from plaintiff’s account was legal.

There was testimony offered in the case tending to show that sometime in the month of June,…