Stanley v. Stanley
Stanley v. Stanley
Opinion of the Court
The controversy in this case is narrowed down to eight shares of stock in the Hart Manufacturing Company, and thirty shares in the Willimantic Linen Company.
It appears from the report of the committee that all this stock was placed in the defendant’s hands by the plaintiff’s testator for a particular purpose in the month of September, 1869. On the 4th day of November following tire defendant used it for another purpose and on his own account—placing it in the hands of W. M. Brundage & Co., brokers, for the purpose of being used as margin on any stocks which these brokers might thereafter buy or sell for him. In September, 1870, Brundage & Co. sold the stock and credited the proceeds to the defendant. When thus sold and credited, and not till then, the defendant received money to the use of the plaintiff. At that time Walter Stanley had deceased, and John Stanley, his executor, was his legal representative. The promise which the law implied was to John Stanley, executor. After the decease of John Stanley, the plaintiff was appointed administratrix with the will annexed. She succeeded him as the representative of Walter Stanley and may recover upon that promise.
But the declaration alleges that the defendant received money to the use of Walter Stanley in his life-time, and in
A question is made in respect to the amount for which judgment should he rendered. The fact that the sum of $250, paid to Walter Stanley, was drawn from Brundage & Co., would seem to.indicate that it was paid on account of the stock in question. On the other hand the fact that at that time the indebtedness to Walter Stanley did not exist, and he was in fact receiving money from the defendant as a partner, is some evidence that it was received on account of the partnership.
As this is a question of fact, and the committee at the conclusion of his report has disposed of it as such, we think the plaintiff is entitled to recover .the sum of $940, with interest.
We advise the Superior Court that the plaintiff, upon an amended declaration, is entitled to judgment.
In this opinion the other judges concurred.
Reference
- Full Case Name
- Maria K. Stanley, administratrix v. Everett L. Stanley
- Status
- Published