Legal Opinion

Thayer v. Schley

Appellate Division of the Supreme Court of the State of New York

Decided March 11, 1910PublishedCited by 3 opinions

Appeal by the defendants, Grant B. Schley and another, from a judgment of the Supreme Court in favor of the plaintiff, entered in the office of the clerk of the county of Hew York on the 17th day of April, 1909, upon the verdict of a jury for $48,550, and also from an order entered in said clerk’s office on the 26th day of April, 1909, denying the said defendants’ motion for a new trial made upon the minutes.

1Opinion of the Court

Dowling, J.:

The American Malting Company was incorporated under the laws of the State of Hew Jersey in September, 1897, with a. large capitalization, and the firm of Moore & Schley had been interested in the formation of the company.

The plaintiff, a resident of Philadelphia, in December,-1898, gave an order to Ervin & Co., brokers in that city, to buy for him 700 shares of the preferred stock of the company, which order was executed through the firm of Moore & Schley of Hew York, of which firm Ervin & Co. were the Philadelphia correspondents, at prices ranging from eighty-three dollars and…

2Cases cited3 opinions

  1. Rudd v. . RobinsonNew York Court of Appeals · 1891
  2. Lancaster v. AmesSupreme Judicial Court of Maine · 1907
  3. Powell v. ConoverNew York Supreme Court · 1894

3Cited by3 opinions

  1. Continental Insurance v. MercadanteAppellate Division of the Supreme Court of the State of New York · 1927
  2. Woolson v. WaiteNew York Supreme Court · 1935
  3. Gallagher v. PerotNew York Supreme Court · 1923

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