Placke v. White-Price Co.

Olsen, C.

Defendant appeals from an order denying its alternative motion for judgment or a new trial.

The action is one to recover damages for fraud and misrepresentations by the defendant in obtaining a mortgage and notes. The appeal presents two questions: (1) whether the evidence is sufficient to sustain a finding of actionable fraud; (2) whether the evidence sustains the finding of any damages or the amount of damages awarded.

Plaintiff Henry H. Placke, hereinafter referred to as the plaintiff, made oral and written application to the defendant to obtain for him a loan of $17,500 on a lot in…