Gaul v. Ciglar

On January 12th, 1929, the plaintiff purchased of the defendant certain shares of stock in a furniture and music store, under a written agreement. This contained, among other things, a representation that a certain statement attached to it correctly stated the condition of the company and was the basis of the purchase of the stock and it then provided that if the condition of the company was not as good as set forth, the plaintiff at his option might repudiate his agreement and recover back all he had paid and the agreement of purchase might be cancelled. At the trial it was proven that the…