Shambleau v. Hoyt

Defendants, being partners and operating under the firm name Prince' & Whitely, conducted a brokerage business in the city of Detroit. This was a branch office, the home office being in New York. Plaintiff, acting through her husband, bought and sold stocks through defendants’ agency. She brought this suit to recover losses sustained. Her cause of action involves losses incident to: First, purchases and* sales of Wilcox-Rich B stock; second, purchases and sales of stock of the Michigan Steel Company; and third, the sale of 300 shares of Radio Corporation of America. On trial before the court…