Doucette v. Baldwin
Massachusetts Supreme Judicial Court
Bill oe intebpleadeb filed in the Supreme Judicial Court on January 23,1905, by a stockbroker, who was a member of the Boston Stock Exchange, doing business under the name of Joseph E. Doucette and Company, to determine the ownership of a fund of $8,817.51, and of two hundred shares of stock of the Hidden Fortune Mining Company, and one hundred shares of the Oro Hondo Mining Company, which from time to time had been deposited in the hands of the plaintiff by Jacob Berry and…
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Bill oe intebpleadeb filed in the Supreme Judicial Court on January 23,1905, by a stockbroker, who was a member of the Boston Stock Exchange, doing business under the name of Joseph E. Doucette and Company, to determine the ownership of a fund of $8,817.51, and of two hundred shares of stock of the Hidden Fortune Mining Company, and one hundred shares of the Oro Hondo Mining Company, which from time to time had been deposited in the hands of the plaintiff by Jacob Berry and Company, New York stockbrokers, as margins for an account carried by the plaintiff for Berry and Company. The case first…
1Opinion of the CourtBraley, J.
If the bankrupt firm acted solely as agents in the purchase of the stocks, the right of the trustees to participate in the distribution of the fund must be postponed until the demands of the several claimants are satisfied. Upon reading the evidence it appears to have been substantially uncontroverted that, not being members of the Boston Stock Exchange, the bankrupts when their customers desired to buy certain copper stocks employed a member to make the purchase. The claimants respectively gave orders to buy a certain number of shares of these stocks to be carried on a margin. In each…
2Cases cited7 opinions
- Snow v. AlleyMassachusetts Supreme Judicial Court · 1892
- Byington v. SimpsonMassachusetts Supreme Judicial Court · 1883
- Rice v. WinslowMassachusetts Supreme Judicial Court · 1902
- Commonwealth v. CooperMassachusetts Supreme Judicial Court · 1881
- Cushman v. SnowMassachusetts Supreme Judicial Court · 1904
2 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- American Process Co. v. Florida White Pressed Brick Co.Supreme Court of Florida · 1908
- American Circular Loom Co. v. WilsonMassachusetts Supreme Judicial Court · 1908
- Hewitt v. HayesMassachusetts Supreme Judicial Court · 1910
- National Development Co. v. GrayMassachusetts Supreme Judicial Court · 1944
- Furber v. DaneMassachusetts Supreme Judicial Court · 1910
12 more not listed; retrieve them via the Exa API.