Segal v. Davis

Plaintiff sued to rescind a contract made with defendant and completely carried out. Thereby defendant obtained all the stock issued by Tbe Segal Dry Goods Company, a domestic corporation, and consequently came into possession of all its property, and plaintiff received a stated amount in cash, a farm subject to mortgages, and $6,000 in notes of the corporation, secured by a second mortgage executed by it upon a store building in Which its business bad been conducted. Tbe court found tbat defendant bad not been guilty of any fraud or misrepresentation as to tbe farm or in not giving bis…