Legal Opinion

Wallace v. Reinhart

The Superior Court of the City of New York and Buffalo

Decided March 4, 1895Published

Appeal from special term. Action by Matilda Wallace against Joseph W. Reinhart. From an order vacating an order for the examination of defendant as a witness before trial, plaintiff appeals. Reversed.

1Opinion of the CourtMcADAM, J.

The plaintiff sues to recover $50,000 damages from the defendant for publishing a statement purporting to give the financial condition of the Atchison, Topeka & Santa Fé Railroad Company, of which the defendant was then president. Plaintiff claims that, relying on said statement, she was induced to and did purchase 1,500 shares of the capital stock of said company, which would have been very valuable if the facts represented therein had been true, but which stock proved to be worthless, owing to the insolvency of the company at the time, the representations made being false and fraudulent.…

2Cases cited4 opinions

  1. In re NolanNew York Supreme Court · 1893
  2. Dudley v. Press Pub. Co.New York Supreme Court · 1889
  3. Greene v. CareyNew York Supreme Court · 1894
  4. Witcher v. Tribune Ass'nThe Superior Court of the City of New York and Buffalo · 1891

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