Edelblute v. Waddell & Reed, Inc.

The opinion of the court was delivered by

Wedell, J.:

This was an action to recover the difference between the purchase price of corporate shares of stock paid to the defendant, a seller of stocks, bonds and securities, and the amount defendant had paid to plaintiff on his account.

Defendant appeals from the order overruling its demurrer to the amended petition. The question is whether the action is barred by the three year statute of limitations.

In view of appellant’s contentions that neither petition stated a cause of action it is necessary to review the substance of both petitions. The…