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JAMES WOOD GENERAL TRADING ESTABLISHMENT v. COE

No. 57, Docket 26936.

297 F.2d 651 (1961)

JAMES WOOD GENERAL TRADING ESTABLISHMENT, a corporation, Plaintiff-Respondent, v. Jacques COE, Ferdinand Gutenstein, Jerome S. Weinberg, Joseph F. Sullivan and Florence Coe, doing business as Jacques Coe & Co., Defendants-Appellants.

United States Court of Appeals Second Circuit.

Decided December 26, 1961.

Attorney(s) appearing for the Case

Ethan A. Hitchcock, New York City (Webster, Sheffield, Fleischmann, Hitchcock & Chrystie, New York City, on the brief), for plaintiff-respondent.

Philip C. Samuels, New York City (Jacob Gruber, New York City, on the brief), for defendants-appellants.

Before LUMBARD, Chief Judge, and MEDINA and MARSHALL, Circuit Judges.

MEDINA, Circuit Judge.

The defendants, partners of the stock brokerage house of Jacques Coe & Co. appeal from a judgment, rendered after a non-jury trial, in favor of its customer, James Wood General Trading Establishment, a corporation of the Principality of Liechtenstein, in the amount of $34,486.28. The complaint is framed in a double aspect of contract and tort, and is based upon the simple charge that the customer placed a G. T. C. (good until cancelled)...

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