Martin v. Pettengill
Opinion of the Court
The judgment was recovered for losses in
The evidence given by the defendant was to the further effect that the risks of the dealings in the stocks was to be taken and borne by the plaintiff. That, however, was denied by him, and so was the further testimony that the transactions were to include no actual purchases or sales, but were to be limited to the fluctuations in the market prices. The evidence upon the facts, like that relating to the other, presented a conflict which it was the duty of the referee to determine, and in his determination he is sustained by the law making it the province of the tribunal hearing the witnesses to decide to whose statements credit and reliance should be given.
Upon all the subjects which were presented by the testi
The referee, on the objection of the plaintiff, excluded in the first instance the account which had been delivered to him by the agents of the plaintiffs.' The ruling by which that was excluded was placed upon the ground that the defendant had failed to produce the account according to a notice served upon him requiring its production, and thereby imposed upon the plaintiffs the necessity of making proof of, and relying upon the copy retained by themselves. This ruling was correct, and was within the well-settled legal principle applicable to conduct of this description. But if it was not, no legal prejudice resulted from it to the defendant, for the reason that the account was finally received in evidence, for the only important purpose for which it appeared to be material upon the trial. The defendant was also permitted to state that the account referred to by the witnesses, Martin, in their testimony, had never been delivered to him, and that corrected the ruling, even if it should not have been made, which has been made the subject of complaint on this part of the case. The ruling of the referee striking out the statement of the defendant that he made none of the alleged transactions in the stocks was entirely harmless, for the reason that the defendant gave further evidence to the same effect as that which was stricken out. And it was entirely proper to allow the plaintiff, Martin, to contradict the statement of the defendant as to what he had declared his purpose to have been, in calling at the plaintiffs’ office. Whether the defendant consented to engage in the transactions upon the plaintiffs’ request and solicitation was wholly immaterial, and that the account received from the witness, Berthond, was the only statement of account he had received, was not a fact so established by the evidence as to render it the duty of the referee to find it to have been proven. The same observation is applicable to the ninth request, and so it is to the tenth, for the evidence was such as to leave the referee at liberty to find and decide differently, as he deemed it his duty to do. The seventh request was wholly unimportant, for the reason that it appeared from the evidence itself, as well as the defendant’s answer, that he did not concede, but denied, his indebtedness to the plaintiffs. No other exception in the case requires to be considered for its disposition. Neither seems to have Been legally well founded, and as the evidence sustained the conclusions of the referee the judgment should be affirmed.
Brady, J., concurs.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.