Bauer v. Fabel

Citations

• 221 Pa. 156
• 70 A. 558
• 1908 Pa. LEXIS 456

Syllabus

<p>Contract — Wagering contract — Gambling in stocks — Margin—Check.</p> <p>In an action of assumpsit on a check given by the defendant to the plaintiff in payment of a balance due on an account between them which involved the purchase and sale of shares of stocks on a margin, the plaintiff is entitled to recover so much of the check as represents the amount deposited with the defendant as margin, where the amount representing the deposit can be clearly distinguished from the amount representing profits on the transaction which had been closed.</p>