Katzenstein v. Reid, Murdock & Co.

FLY, Associate Justice.

This is a suit by. appellees against appellant instituted to recover a balance of $1,038.68 due on an account for merchandise sold by appellees to appellant. It was alleged in the petition that from September, 1903, and up to and including November 27, 1903, appellant was insolvent and that while so insolvent he falsely represented to appellees, and to certain mercantile agencies, that he was solvent and had assets largely in excess of his debts and liabilities, and that appellees relying on such representations were thereby induced to sell appellant the merchandise…