Foster Securities Co. v. Ohmer

ALLEN, Circuit Judge.

Appeal from a judgment in favor of John F. Ohmer in an action at law for damages, entered upon motions for directed verdict made by both parties without reservation of the right to go to the jury. The case arises out of the same transaction as that set forth in Ohmer v. Allen, 6 Cir., 79 F.2d 942. Owing to the death of the appellee Ohmer, his executors have been substituted in this court.

Ohmer and Allen planned to buy certain stock of the Ohmer Fare Register Company held by the W. B. Farnham estate, each paying for one-half of the stock. Allen was unable to finance his…