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MORAN v. PAINE, WEBBER, JACKSON & CURTIS

422 Pa. 66 (1966)

Moran, Appellant, v. Paine, Webber, Jackson & Curtis.

Supreme Court of Pennsylvania.

June 24, 1966.

Attorney(s) appearing for the Case

James D. McDonald, Jr., with him Curtze, Gent & McCullough, for appellant.

John F. Potter, with him Gifford, Graham, MacDonald & Illig, for appellee.

Before MUSMANNO, JONES, COHEN, EAGEN, O'BRIEN and ROBERTS, JJ.

OPINION BY MR. JUSTICE JONES, June 24, 1966:

On March 15, 1960, Mary B. Moran executed a written agreement with the brokerage firm of Paine, Webber, Jackson & Curtis, which provided for the maintenance of a margin account by Mrs. Moran with that firm. Paragraph 15 of that agreement specifically stated: "If any controversy arises out of this contract it shall be determined by arbitration."

Mrs. Moran alleged that on March 17, 1960, the brokerage firm induced...

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