Norman Mayer & Co. v. Bodenheim

Citations

• 14 Teiss. 283
• 1917 La. App. LEXIS 51

Syllabus

<p>Syllabus.</p> <p>Where a cotton broker carries various accounts in the name of another member of the Cotton Exchange for account of his several customers, he cannot consolidate all such accounts and compensate one credit account in one name against another debit account in another name.</p> <p>Any such custom, if shown to exist, would be- contrary to law and could not be recognized by courts.</p>