Firestone Tire & Rubber Co. v. Webb

The appellee, D. C.' Webb, and bis brother, Truett Webb, signed and delivered to appellant a financial statement which read: “For the purpose of obtaining merchandise from Firestone Tire & Rubber Company, on credit, we make the following statement in' Writing, intending that your company should rely thereon respecting our financial condition as of February 15, 1940.”

Then followed in the financial statement details of assets and liabilities showing net worth of $9,550; and the statement then concluded, as follows:

“Firm name, Truett Webb. Date signed, 2/15,1940, by Truett Webb, D. C. Webb.”

The…