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ALDERSON v. FRANCIS I. duPONT & COMPANY

No. 71-107.

251 So.2d 710 (1971)

Rhoades ALDERSON, Appellant, v. FRANCIS I. duPONT & COMPANY, a Limited Partnership, Authorized to and Doing Business in the State of Florida, Appellee.

District Court of Appeal of Florida, Third District.

Rehearing Denied September 15, 1971.

Attorney(s) appearing for the Case

Walton & Garrick, Miami, for appellant.

Smathers & Thompson and Earl D. Waldin, Jr., Miami, for appellee.

Before CHARLES CARROLL, HENDRY and BARKDULL, JJ.

PER CURIAM.

The appellant had a securities account with the appellee. He received a call from an account executive with the appellee, advising him he could have 200 shares of Cordis Corporation common stock for $55.00 per share. The appellant accepted the offer and authorized a debit against his account for the purchase price. Later, he received a call advising him that there was no Cordis stock available. The appellant notified the appellee by phone demanding the...

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