Nichols v. Kimball

The bill, in this suit in equity, alleges that the defendant Kimball induced the plaintiffs to enter into business relations with him and the defendant Fitts for the purchase and sale of real estate on Cape Cod; that there were certain transactions between the parties, whereby the plaintiffs were defrauded. The bill asked for a decree declaring that the transactions were fraudulent and that an account be taken.

The case was referred to a master. He found that the plaintiffs agreed with Fitts “to venture up to a total of $30,000 in Cape Cod real estate,” looking “to Fitts as their mentor and…