J. C. McNaughton Co. v. Haldeman
Citations
- 160 Pa. 144
- 28 A. 647
- 1894 Pa. LEXIS 784
Syllabus
<p>Wagering contract — Stock gambling — Margins.</p> <p>Where the profits of stock transactions are paid over by the broker to his customer, but the amount of the original margin is left in the hands of the broker, the customer may recover the margin in an action against the broker.</p> <p>Promissory notes — Settlement of stock transactions — Evidence.</p> <p>In an action by an indorsee against the indorser of a promissory note, the deposition of the maker of the note, a broker, is inadmissible, which admits that the maker received margins from the payee, but does not aver that he ever repaid them, or that the note was given exclusively for profits.</p>
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- “The time limit on filing an appeal is a jurisdictional limitation which mandates the quashing of untimely appeals.”
Source: CourtListener parenthetical corpus (CC0).
Judges: Dean, Fell, Gbeen, Green, Mitchell, Sterrett
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.