From Casetext: Smarter Legal Research

PETT v. SPIEGEL

Appellate Division of the Supreme Court of New York, First Department
Jul 1, 1924
210 App. Div. 805 (N.Y. App. Div. 1924)

Opinion

July, 1924.

Present — Clarke, P.J., Smith, Merrell, Finch and Martin, JJ.


Upon this record the defendant Spiegel should be given an opportunity before the referee to account for 100 shares of stock by showing that they were given to Watterson as a bonus. The plaintiff also cannot recover a portion of the commission. Without considering other objections, to permit such a recovery would be to sanction an unlawful brokerage arrangement. ( Geldenrath v. Schreiner, 127 App. Div. 901; Gardner v. Ogden, 22 N.Y. 327.) The interlocutory judgment appealed from should, therefore, be modified by permitting the defendant to account for 100 shares of stock by showing that it was given to Watterson as a bonus, and further by eliminating the item of $16,666.66, being two-thirds of the commission paid by the Sutphen estate to the brokers Seton and Perpente, and as so modified affirmed, without costs.


Judgment modified as indicated in opinion and as modified affirmed, without costs. Settle order on notice.


Summaries of

PETT v. SPIEGEL

Appellate Division of the Supreme Court of New York, First Department
Jul 1, 1924
210 App. Div. 805 (N.Y. App. Div. 1924)
Case details for

PETT v. SPIEGEL

Case Details

Full title:SAMUEL PETT, Respondent, v . MAX SPIEGEL and EDWARD HYMES, as Trustee in…

Court:Appellate Division of the Supreme Court of New York, First Department

Date published: Jul 1, 1924

Citations

210 App. Div. 805 (N.Y. App. Div. 1924)