Mitschele v. Pyramid Bond, C., Corp.

Complainant seeks the rescission of a stock subscription agreement and a return of his money. The bill alleges that he was induced to sign the agreement by misrepresentation on the part of agents of Pyramid Bond and Mortgage Corporation. His claim is that he was told the corporation was the same as a building and loan association and that he could withdraw his money any time he desired to do so.

The bill further alleges that all the assets of Pyramid Bond and Mortgage Corporation have been transferred to Pyramid Enterprises, Incorporated, and Pyramid Associates, Incorporated, and seeks a…