History
  • No items yet
midpage
Steindler v. Meehan
140 Misc. 160
N.Y. App. Term.
1931
Check Treatment
Per Curiam.

Plaintiff sued to recover $300 on the theory that his stock was actually sold at 114J instead of at 111J as claimed by defendant. The defendant’s first notice of sale at the higher price was prima facie evidence of such a sale but was not conclusive. Defendant was entitled to show the actual sale made. Assuming that there was insufficient proof in the record to establish an order by plaintiff to sell “ at the market,” evidence that there was no Sale on the exchange at 114J after plaintiff’s order was given was competent to disprove plaintiff’s contention of a sale at such price *161and it was error to exclude such proof. In addition, as defendant was plaintiff’s agent and their contract contemplated a sale on the New York Stock Exchange, proof of defendant’s dealings with others on said exchange in carrying out the transaction was competent.

Judgment reversed and new trial ordered, with thirty dollars costs to appellant to abide the event.

All concur; present, Levy, Callahan and Peters, JJ.

Case Details

Case Name: Steindler v. Meehan
Court Name: Appellate Terms of the Supreme Court of New York
Date Published: May 14, 1931
Citation: 140 Misc. 160
Court Abbreviation: N.Y. App. Term.
AI-generated responses must be verified and are not legal advice.
Your Notebook is empty. To add cases, bookmark them from your search, or select Add Cases to extract citations from a PDF or a block of text.