Sharp v. Idaho Investment Corp.

McFADDEN, Justice.

In this action the plaintiffs-respondents, Merrill J. Sharp and his wife, Winnie H. Sharp, seek damages of $2,060 and reasonable attorney fees from the Idaho Investment Corporation and its officers (appellants). The complaint alleges that the appellants induced respondent Merrill J. Sharp to enter into an agreement to purchase 1250 shares of capital stock of appellant corporation at $2.00 per share, and that the methods employed by the appellant corporation and its officers were fraudulent, and “contrary to and in violation of the laws and statutes of the State of Idaho and…