Gislason v. Henry L. Doherty & Co.

Hilton, Justice.

In this, an action for the rescission of executed contracts for the purchase of 35 shares of common stock of the Cities Service Company and- to- recover $754.37 paid therefor and interest, plaintiff prevailed. Defendant Henry L. Doherty & Company appealed from the judgment entered after the denial of its motion for amended findings of fact and conclusions of law.

On October 10, 1930, plaintiff, then a minor 19 years of age, by instalment contract purchased 20 shares of Cities Service Company stock at $24% per share from appellant’s local agent at Marshall, Minnesota. On…