GRANBERY, MARACHE & CO. v. BRUCE CO.


62 Misc.2d 406 (1969)

Granbery, Marache & Co., Plaintiff, v. E. L. Bruce Co. (Incorporated), et al., Defendants.

Supreme Court, Trial Term, New York County.

June 10, 1969


Attorney(s) appearing for the Case

Reavis & McGrath (Dennis C. Cronin and John Lowe of counsel), for plaintiff. Webster Sheffield Fleischmann Hitchcock & Brookfield (Thomas Fried and Sander Lehrer of counsel), for Coraloc Industries, Inc., and another, defendants. Miller & Seeger (Israel Seeger of counsel), for Fio Rito, defendant. Stanley J. Reiben for Edward L. Gilbert, witness.


ARNOLD L. FEIN, J.

Plaintiff stockbroker sues to recover damages sustained as a result of the failure and refusal of Coraloc Industries, Inc. (Coraloc) to accept and pay for 3,500 shares of E. L. Bruce Co. (Incorporated) (Bruce) stock purchased by plaintiff, as a broker, at a price range of $19 to $19 3/8 per share on the morning of June 12, 1962, pursuant to instructions allegedly given by Edward M. Gilbert...

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