Show DECISION AS TO MARGINS judge tuley says it Is it a gambling transaction chicago maroli march IS judge tuley handed down a decision in the case of urs mrs maty map wallace vs M 11 camle son co stock brokers in 1892 and 1893 jamieson Jam leson co at the request ot of sire mrs wallace purchased tor for her shares bharka of chicago gas gaa stock and shares of 0 Chlo afro milwaukee st paul railway company stock amounting to 10 about from time lime to time and prior to july 1 1893 she put up all the money and ancl property amounting amount lii to about tl OOOO as ii iraln or collateral the stocks continued to decline sirs mrs wallace brought suit for recovery it was waa contended by her solicitors that it was it gambling gambll nc transaction and it was never the intention that chat she should take and pay tot for the stock but that she eho would only deal in margins and when they jhc thc y sold the stock they were to give her credit for the pronta profits or charge her with the losses leases trie court held thero them was no Intent intention lon as a between cen sirs mrs wallace and nd jamieson cot coll that chill she ehe should hould take ond and tay pity for or the stock the circumstances ot of the case allowed clearly that jamieson co never expected mrs lV allace to take and pay tor for the stock but that they were only to account sto count profit and loss and hence that tt ft was A 0 gar transaction action within the hs letter and ot of the law jamieson co appeal |