MR. JUSTICE McREYNOLDS delivered the opinion of the court.
Hollins & Company, brokers and members of the New York Stock Exchange, went into bankruptcy November 13, 1913.
On October 13, 1912, they purchased for appellant Duel a hundred shares of Amalgamated Copper Company stock — "Copper" — and received certificates therefor which they subsequently disposed of by deliveries on account of sales for customers.
October 25, 1912, they...
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