New York Court of Appeals

Daniel M. Porter, Appellant v. Isidor Wormser, Respondents

January 15, 188494 N.Y. 431

Summary

The New York Court of Appeals affirmed the judgment for the defendants, holding that the plaintiff could not challenge the validity of the bond purchase contract under the statute of frauds after bringing an action to impeach the account, that the stop‑order sales were unauthorized until the price limit was reached but caused no recoverable loss, and that the manner of sale, the agents' self‑dealing claim, and the bond type issue were not grounds for relief.