Helberg v. Zuck

I. We find it unnecessary to set out at length the issues and the evidence in this case, both of which are complicated. For the purposes of this appeal, it is suf-fiC]'enf to say that the plaintiff claims that Ful-kerson fraudulently misrepresented to him the financial condition of the Eastern Iowa Flour Company, a corporation of which Fulkerson was secretary, and in which plaintiff purchased stock in alleged reliance upon such representation; that Fulkerson, by signing the stock certificate issued to plaintiff, bearing the recital “capital stock $25,000,” fraudulently represented that it was…