Legal Opinion
Schafuss v. Betts
New York Supreme Court
Decided March 15, 1916PublishedCited by 2 opinions
Action to rescind contract on.the ground of fraud.
1Opinion of the CourtGiegerich, J.
The action is to rescind a contract on the ground of fraud. On June 6, 1912, the plaintiff sold to the defendant Wilcox 371 shares of the F. L. Schafuss Company (out of a total of 750' shares issued) for the sum of $6,500. The defendant Betts furnished the money and admits that he was in fact the purchaser, although the negotiations with the plaintiff were carried on by Wilcox and the. plaintiff received the consideration from Wilcox and delivered the stock to him and believed she was making the sale to him. About a year, after the sale and before the action was begun the corporation was…
2Cases cited9 opinions
- Bennett v. . JudsonNew York Court of Appeals · 1860
- Lightfoot v. . DavisNew York Court of Appeals · 1910
- Hammond v. . PennockNew York Court of Appeals · 1874
- von Au v. MagenheimerAppellate Division of the Supreme Court of the State of New York · 1908
- Tillie Von Au v. MagenheimerNew York Court of Appeals · 1909
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3Cited by2 opinions
- Lesnik v. Public Industrials CorporationCourt of Appeals for the Second Circuit · 1944
- Falk v. HoffmanAppellate Division of the Supreme Court of the State of New York · 1919