Stringer v. Electronics Supply Corp.

The Chancellor:

The bill speaks of the statements which Errion made to the complainant in the settlement of the terms of their agreement as the “fraudulent representation of said defendant, acting by and through its president, Edgar R„ Errion,” by which the complainant was induced to make the assignments. But the facts show that there was no “fraudulent representation” as that phrase is understood in the law of rescission. In the first place when Errion made his statements, the corporation was not in existence. He could not then have been its president. In the next place the statements were…