Rubin v. Salomon

A customer sues a -firm of stockbrokers for damages by reason of their failure to sell securities. The complaint alleges that defendants purchased on margin different shares of stocks for plaintiff’s account, and subject to his order; that on October 18, 1929, upon defendants’ demand, plaintiff paid them $1,000 as additional margin for properly carrying his account; and that on October 23, 1929, defendants by night letter telegram demanded of plaintiff $1,500 additional margin and gave due notice that on his failure to pay the same before ten-thirty A. m. on October 24, 1929, defendants…