
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1904 Excerpt:...account. If they had done so. all danger of duplicating orders would have been avoided, and it was not until after the plaintiff had given his orders for the sale of 1,000 Rock Island and 500 Atchison common, and they had been accepted through Van Ewlmrgh & Atterbury, that the defendants communicated the fact that their order for the sale of 2,000 Rock Island and 500 Atchison common was for tbe plaintiff's account. So it happened that they sold 1,000 Rock Island ami AO Atchison In excess of the stocks which they were carrying for plaintiff. It seems to me that, as to these duplicated stocks, the defendants must be regarded as having sold them for their own account It is quite clear that at that time they considered this to be the situation, since they at once ordered Van Emburgh & Atterbury to purchase 1,000 Rock Island and 500 Atchison to cover the excessive sales of these stocks. No authority was sought from or given by the plaintiff for the purchase of these stocks, and the defendants did not then take the position that they had bought these stocks for account of the plaintiff, or that they had sold the excess 1,000 Rock Island and 500 Atchison for his account. On the contrary, when the plaintiff telegraphed. "What price did you get on my account?" the defendants replied at 1:25 p. nu hat they had sold on his direct order 100 Rock Island at 141, 100 at 140i. LOO at 134. 200 at 135. 500 at 125. and 500 Atchison common at (50. adding. "We sold 1,000 R. I. in addition at 130;" and, in the account which they renlered to the plaintiff on May 10th, they credited him with the stocks menioned in their telegram, and neither credited nor charged him with the excess I.OOO Rock Island and 500 Atchison which they had bought and sold. Indee...
Page Count:
658
Publication Date:
2012-03-06
Publisher:
RareBooksClub.com
ISBN-10:
1130604586
ISBN-13:
9781130604580
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