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REMAR v. CLAYTON SECURITIES CORPORATION

Civil Action No. 7496.

81 F.Supp. 1014 (1949)

REMAR v. CLAYTON SECURITIES CORPORATION et al.

United States District Court D. Massachusetts.

January 7, 1949.

Attorney(s) appearing for the Case

Harry B. Zonis, Paul T. Smith, and Manuel Katz, all of Boston, Mass, for plaintiff.

Nutter, McClennen & Fish and Robert W. Meserve, both of Boston, Mass., for defendant Clayton Securities Corporation.

WYZANSKI, District Judge.

This is a motion by Clayton Securities Corporation that the complaint against it be dismissed.

According to the complaint, plaintiff, a Massachusetts citizen, was a customer of defendant Clayton, a Massachusetts corporation. Clayton was a broker or dealer who transacts a business in securities [seemingly through the medium of a national securities exchange].

June 11, 1946, plaintiff owned 100 shares of National Skyway Freight...

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