Menefee v. Blitz

[EDITORS' NOTE: THIS PAGE CONTAINS HEADNOTES. HEADNOTES ARE NOT AN OFFICIAL PRODUCT OF THE COURT, THEREFORE THEY ARE NOT DISPLAYED.] REVERSED AND REMANDED. This is an appeal by the defendant from a judgment in the sum of $5,000, based upon findings of fact and conclusions of law, which the circuit court entered in favor of the plaintiff. The complaint which instituted the action alleged that the plaintiff was induced by fraudulent representations made by one A.I. Blitz to pay $5,000 on July 1, 1937, for 20,000 shares of the capital stock of Bell Oil and Gas Company which was then engaged in…