Morrison v. Goodspeed

THE parties appear here as in the district court and will be designated as plaintiff and defendants. Plaintiff as administratrix of the estate of her deceased husband, Clayton R. Morrison, sued the defendants, who were officers and directors of M. E. Traylor and Company, Inc., an investment company, for damages for alleged fraud and deceit in the sale of certain corporate stock to her husband in his lifetime. From a judgment rendered on a jury verdict adverse to her she prosecutes error.

The undisputed facts in the case are substantially as follows: M. E. Traylor and Company were engaged in a…