Case Name: Nathan W. Belmuth, Appellant, v. Ferdinand L. Salomon and Leonard J. Marquis, Copartners Doing Business under the Firm Name and Style of F. L. Salomon & Co., Respondents
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1935-02
Citations: 243 A.D. 703
Docket Number: 
Parties: Nathan W. Belmuth, Appellant, v. Ferdinand L. Salomon and Leonard J. Marquis, Copartners Doing Business under the Firm Name and Style of F. L. Salomon & Co., Respondents.
Judges: 
Reporter: Appellate Division Reports
Volume: 243
Pages: 703–703

Head Matter:
Nathan W. Belmuth, Appellant, v. Ferdinand L. Salomon and Leonard J. Marquis, Copartners Doing Business under the Firm Name and Style of F. L. Salomon & Co., Respondents.

Opinion:
Action by a customer against defendants, a firm of stockbrokers, for an alleged conversion arising from the sale, for lack of collateral security, of the securities listed on the customer's margin account. Counterclaim by defendants for the amount alleged to be due on the account after the sale. Judgment for defendants on their counterclaim, dismissing plaintiff's complaint on the merits. Judgment unanimously affirmed, with costs. No opinion. Present — Lazansky, P. J., Young, Hagarty, Carswell and Tompkins, JJ.