Patorno v. Vacaro

OVERTON. J.

The purpose of this suit is to annul, on the ground of fraud, a transfer of stock made by plaintiff to defendant. The suit was dismissed on an exception of no cause of action, and from the judgment dismissing it, plaintiff has appealed.

The petition sets forth that on February 4,1918, plaintiff was one of the five stockholders of the Crescent City Ice Manufacturing Company, Incorporated; that defendant, Joseph Vacarro, was also one of them, and besides was a large creditor of the corporation. The petition then recites that—

Shortly prior .to the date mentioned, “Joseph Vacarro (the…