Legal Opinion

Askew v. Central Trust Co.

Court of Appeals of Georgia

Decided January 20, 1921No. 11375PublishedCited by 3 opinions

Complaint; from Calhoun superior court- — Judge Harrell. December 2, 1919.

1Opinion of the CourtStephens, J.

1. Value being a mere matter of opinion,’a false statement as to the value of stock in a corporation, ir.r le.by a seller to induce a sale of the stock, is not such a misrepresentation of an existing fact as will amount to a fraud and void the sale. . Coca-Cola Bottling Co. v. Anderson, 13 Ga. App. 772 (80 S. E. 32). In a suit on a promissory note given for the purchase-price of certain stock in a corporation, a defense by the maker that he was induced to execute the note by fraud is not sustained by evidence that at the time of the execution of the note the payee falsely represented to him…

2Cases cited1 opinion

  1. Coca-Cola Bottling Co. v. AndersonCourt of Appeals of Georgia · 1913

3Cited by3 opinions

  1. Sawyer v. BirrickCourt of Appeals of Georgia · 1925
  2. Smith v. ShinnCourt of Appeals of Georgia · 1923
  3. Goodwyn v. FoldsCourt of Appeals of Georgia · 1922

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