Lester Brothers, Inc. v. Pope Realty & Insurance Co.

The only question in the case is the individual liability of the defendant Pope. The plaintiff sought to have him held liable for the whole account because of the alleged fraudulent acts on his part. The •court found the plaintiff did not rely on the false statements in extending credit. This finding is supported by the evidence. The court’s conclusion that Pope is not individually liable on the ground of fraud follows as a matter of course.

However, as to the three purchases made subsequent to November 4, 1954, another question arises. After that date the corporation had only two…