Canyon Creek Elevator & Milling Co. v. Allison

Appeal from, District Court, Yellowstone County; Geo. W. Pierson, Judge. Action by tbe Canyon Creek Elevator & Milling Company against W. A. Allison. Judgment for plaintiff, and defendant appeals from it and an order overruling Ms motion for a new trial. The more modern doctrine gives the subscriber who has been induced to make his subscription by reason of fraudulent representations of a promoter the same right to rescind that he would have if such fraudulent representations, so inducing the subscription, had been made by an agent of the corporation after its organization, upon the theory…