Northwest Securities Co. v. Schneckloth

Arthur, J. —

Briefly stated, the defendant bought 23 shares of stock in the Linograph Investment Company, and gave his note for $4,600, dated February 12, 1920, in payment therefor. It is on-this note that the suit is based. This note was made payable to the Linograph Investment Company, of Davenport. It was, through indorsement, passed to the plaintiff, which. bought the note. The jury, by its verdict, found that it was procured by fraud and false representations, and that the plaintiff had not established'itself to be an innocent purchaser.

The errors assigned have mostly to do with the…