Harbaugh v. Middlesex Securities Co.
Appellate Division of the Supreme Court of the State of New York
Appeal by the plaintiff, Allen M. Harbaugh, from an order of the Supreme Court, made at the Mew York Special Term and entered in the office'of the clerk of the county of Mew York on the 9th day of October, 1905, resettling an order entered in said clerk’s office on the 22d day of September, 1905, denying the plaintiff’s motion for a discovery and inspection of defendant’s books.
1Opinion of the Court
Clarke, J.:
The complaint alleges that the defendant, a .foreign corporation, is engaged in the business of selling the bonds or other obligations of the Middlesex Banking Company, and that the defendant 'had-the exclusive control of the sale of a certain class of bonds known as investment installment bonds, whereby the purchaser pays ten per cent of the face value of said bonds each year until the full amount is paidthat the agreement between said corporations was. that the banking company was to pay to the defendant ninety per cent of the first year’s installment received on the sale of said…
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