Aron v. Mid-Continent Co.

This is an action at law to recover the purchase price of certain corporate stock after a rescission of the contract of purchase because of fraud. The verdict was for the plaintiff in the amount of $3,728.50. Defendant appeals from the judgment entered.

The record shows that on or about May 11, 1937, plaintiff purchased 300 shares of the capital stock of the Mid-Continent Company for the amount of $3,000. Plaintiff urges that he was induced to purchase the stock because of the representations made to him, which proved to be false. Plaintiff claims that the Mid-Continent Company, through its…