Philpott v. Edge

Philpott sued Edge in the district court, primarily in damages, alleging that Edge was the owner of about 15 shares or allotments of the Cunningham Oil & Gas Company, said company owning about 37 acres of land in Caddo parish, La., regarded as oil land; that on or about the 22d day of 'May, 1917, Edge, through his agent, L. B. Robertson, of Roberts county, Tex., sold to plaintiff one share in said company for the sum of $5,100, upon terms of one-half cash and the execution and delivery by plaintiff of his negotiable promissory note to Edge for the balance; that the land owned by said company…