People v. Kardos

The elements of proof that are lacking in People v. Ruskay (243 N. Y. 58) are present in this case. The defendant having purchased stock for his customer, on the same day sold for his own account, the same kind of stock with intent to trade against the customer’s order. The evidence is conclusive that fifty shares were purchased for the customer and fifty shares sold for the house account. The question of intent and purpose appeared from other similar transactions under such circumstances as to make a fair question for the jury, of the defendant’s intent and purpose, in selling these fifty…