Wolfe v. A. E. Kusterer & Co.

This is an action to recover the amount plaintiff paid defendant, broker, for six per cent, collateral trust gold bonds series “E” of Central Securities Company of Asheville, North Carolina, of the par value of $5,000, the purchaser having rescinded and tendered return of the bonds, alleging- fraudulent misrepresentations on the part of the seller. Defendant appeals from a judgment for the purchase price, plus interest, less liquidating dividends paid plaintiff by the receiver of the trustee under the indenture securing the bonds.

The two purchases of these bonds were made for plaintiff in…