Van Pelt v. Schauble

The opinion of the court was delivered by

Dixon, J.

The plaintiff and Jive other persons, acting separately, deposited with a Jinn in Newark, of which the defendants were members, various sums of money for the purpose *639of -winning or losing as the price of certain stocks should rise or fall. Afterwards the other persons assigned to the plaintiff their right to the moneys so deposited, and he brought this suit to recover the same. His declaration set forth only the common money counts. At the trial it appeared that the defendants had paid the money to other parties, presumably on a fall in the…