Anthony v. Unangst

Citations

• 174 Pa. 10
• 34 A. 284
• 1896 Pa. LEXIS 836

Syllabus

<p>Contract— Gambling contract — Margin—Stock.</p> <p>Where a stock broker and a customer engage in a series of wagering transactions in a particular stock which amount to gambling and the customer finally demands a delivery of the stock, and the broker agrees thereto, the customer is liable to the broker for the price of the stock, and his contract is not rendered invalid by his previous wagering transactions with the broker.</p>