HARTFORD ACC. & IND. CO. v. WALSTON & CO.


21 N.Y.2d 219 (1967)

Hartford Accident and Indemnity Company, Appellant, v. Walston & Co., Inc., Respondent.

Court of Appeals of the State of New York.

Decided December 28, 1967.


Attorney(s) appearing for the Case

Joseph Kilbourn, Charles R. McNamee, Stewart Maurice and John L. Ryan for appellant.

David S. Konheim for respondent.

Judges BURKE, SCILEPPI and KEATING concur with Judge VAN VOORHIS; Judge BREITEL dissents and votes to affirm in a separate opinion in which Chief Judge FULD and Judge BERGAN concur.


VAN VOORHIS, J.

The decision of this appeal depends upon what is the duty of a broker member of the New York Stock Exchange to the owner of stolen shares of stock when delivered for sale and transfer by the thief or one of his confederates. The duty of such a broker does not depend upon whether the owner of the shares has been negligent in safeguarding them or upon whether the thief was placed by the owner, acting...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases