Roney v. Mazzara

For several years past the plaintiffs in this case have been carrying on a general stock brokerage business in the city of Detroit, as co-partners, under the name of Wm. C. Roney & Co. On December 1, 1944, defendant Mazzara gave an order to plaintiffs through their customers’ man, George Coker, to sell 1,000 shares of Aviation Corporation stock at 5-1/8. The order, which was verbally given, was executed at the designated price on December 20, 1944, the stock being sold on the New York stock exchange in two blocks of 500 shares each. Confirmations advising defendant of the sales were sent to…