MERRILL LYNCH, PIERCE, FENNER, ETC. v. THERIOT

No. 10915.

383 So.2d 413 (1980)

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED v. Donald E. THERIOT.

Court of Appeal of Louisiana, Fourth Circuit.

April 15, 1980.


Attorney(s) appearing for the Case

Barham & Churchill, Earl S. Eichin, Jr., New Orleans, for plaintiff-appellee.

Michael L. McAlpine, New Orleans, for defendant-appellant.

Before GULOTTA, GARRISON and HOOD, JJ.


GULOTTA, Judge.

In this stock transfer case, defendant Donald E. Theriot appeals from a judgment in favor of the plaintiff stockbroker, Merrill Lynch, Pierce, Fenner and Smith, Inc., in the sum of $8,046.69. This amount represents the purchase price of 300 shares of Chart House, Inc. stock Merrill Lynch erroneously credited to Theriot's account in transferring the account to another broker, A. G. Edwards and Sons, Inc.

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