Legal Opinion
Wills v. Investors Bankstocks Corp.
New York Court of Appeals
Decided November 17, 1931PublishedCited by 25 opinions
1Opinion of the CourtLehman, J.
The defendant is a dealer in bank and insurance company stocks which are not bought and sold on the Stock Exchange and are known as “ over the counter ” securities. Its place of business was connected with the place of business of J. S. Schofield & Co., in Waterbury, Conn., by a private wire for “ teletype ” messages. The plaintiff made an agreement on November 18, 1929, with J. S. Schofield & Co. for the purchase of twenty shares of .¿Etna Life Insurance Company stock at the price of $101§ per share. It does not appear whether the plaintiff understood that he was buying the stock from J. S.…
2Cases cited3 opinions
- Le Marchant v. . MooreNew York Court of Appeals · 1896
- Coolidge v. Old Colony Trust Co.Massachusetts Supreme Judicial Court · 1927
- Procter & Gamble Co. v. Peters, White & Co.New York Court of Appeals · 1922
3Cited by25 opinions
- Lynn v. LynnNew York Court of Appeals · 1951
- Agar v. OrdaNew York Court of Appeals · 1934
- Matthysse v. Securities Processing Services, Inc.District Court, S.D. New York · 1977
- Agar v. OrdaNew York Supreme Court · 1932
- Friedman v. BachmannAppellate Division of the Supreme Court of the State of New York · 1932
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