233 A.D. 77 | N.Y. App. Div. | 1931
Plaintiff has recovered a judgment against the defendant upon the finding of a jury that adequate diligence and care were not exercised in transmitting a telegraphic message. Plaintiff was the owner of seventy-five shares of stock listed and traded in at the New York Stock Exchange. On June 12, 1929, while passing through Albany, she filed a night letter with the defendant, addressed to her brokers at Syracuse, in the following language: “ Sell twenty-five shares Public Service of New Jersey at ninety-four
The telegraph company was bound to exercise adequate diligence and care in the transmission of this message. (Weld v. Postal Telegraph-Cable Co., 199 N. Y. 88; Hamilton Emp. Service, Inc., v. N. Y. Tel. Co., 253 id. 468.) The jury was justified in finding that it had not done so and that this failure was the proximate cause of the sale of the second twenty-five shares of stock.
The defendant now asserts error in the charge on the question of damages, but at the trial no requests were made or exceptions taken. The court submitted to the jury the question whether plaintiff had repurchased the stock within a reasonable time after she learned of the error. If the facts were undisputed and different inferences could not reasonably be drawn from them, the question as to what was a reasonable time was one of law. (Greenwich Bank v. Hartford Fire Ins. Co., 250 N. Y. 116. Cf. Minor v. Beveridge, 141 id. 399.) However, there was no error in submitting this question to the jury in view of the correspondence carried on between the parties. Defendant has no cause to complain of injustice in this finding, for under varying circumstances, for the purpose of establishing loss, fifteen to sixty days have been decided to be reasonable periods within which to repurchase stock sold through the wrongful act of another. (Mayer v. Monzo, 221 N. Y. 442.)
The judgment and order should be affirmed, with costs.
All concur.
Judgment and order affirmed, with costs.