NATIONAL SURETY CORPORATION v. HOCHMAN

No. 29917.

313 S.W.2d 776 (1958)

NATIONAL SURETY CORPORATION, a Corporation (Plaintiff), Respondent, v. Bernard F. HOCHMAN (Defendant), Appellant.

St. Louis Court of Appeals, Missouri.

Motion for Rehearing Denied July 1, 1958.


Attorney(s) appearing for the Case

Jerome F. Duggan, Sidney W. Horwitz, St. Louis, Dubinsky & Duggan, St. Louis, of counsel, for appellant.

Wayne B. Wright, Henry C. Bryan, Jr., St. Louis, McDonald & Wright, St. Louis, of counsel, for respondent.


Motion for Rehearing or to Transfer to Supreme Court Denied July 1, 1958.

HOUSER, Commissioner.

This is a subrogation suit by National Surety Corporation (the surety) to recover from Bernard F. Hochman (the customer) the sum paid by the surety to Merrill Lynch, Pierce, Fenner & Beane (a firm of stock brokers, the named insured in a Wrongful Detention of Securities Policy issued by the surety), based upon an alleged wrongful conversion by the customer of...

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