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COLONIAL REALTY CORPORATION v. BACHE & CO.

No. 144, Docket 29868.

358 F.2d 178 (1966)

COLONIAL REALTY CORPORATION Plaintiff-Appellant, v. BACHE & CO., Defendant-Appellee.

United States Court of Appeals Second Circuit.

Decided March 10, 1966.

Attorney(s) appearing for the Case

Spencer Pinkham, New York City (Colton & Pinkham, New York City), for plaintiff-appellant.

Marvin Schwartz (Sullivan & Cromwell, New York City, Peter R. Fisher, New York City, of counsel), for defendant-appellee.

Before LUMBARD, Chief Judge, and FRIENDLY and SMITH, Circuit Judges.

FRIENDLY, Circuit Judge:

Colonial Realty Corporation, a Delaware corporation with its principal place of business in Pennsylvania, brought this action in the District Court for the Southern District of New York against Bache & Co., a limited partnership organized pursuant to the New York Partnership Law and engaged in securities brokerage in New York City. The controversy arises out of Bache's sales of securities in Colonial's margin account during the stock market...

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