Crim v. E. F. Hutton, Inc.

Gregory, Chief Justice:

Appellant Crim commenced this action seeking to recover $25,000 from Jeffery Moses and respondent E. F. Hutton. The trial judge granted summary judgment to E. F. Hutton. We affirm.

Moses worked as a stockbroker at E. F. Hutton and handled Crim’s account. In August 1986, Crim gave Moses a personal check for $25,000 payable to the order of “Jeff Moses” and marked “loan.” In return, she obtained a promissory note for $25,000, plus 12% interest, signed by Moses. Moses also gave her his personal check for $26,000 in repayment of the loan for her to hold until he had…