Hubbard v. . Briggs
New York Court of Appeals
This was an action on the case, commenced in 1843, to recover damages for an alleged fraud, which consisted in making false representations concerning the soundness and solvency of the Millers’ Bank of Clyde, whereby the plaintiff was induced to subscribe $5,300 to the stock of that institution, and to give his bond and mortgage for the amount of his subscription.
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This was an action on the case, commenced in 1843, to recover damages for an alleged fraud, which consisted in making false representations concerning the soundness and solvency of the Millers’ Bank of Clyde, whereby the plaintiff was induced to subscribe $5,300 to the stock of that institution, and to give his bond and mortgage for the amount of his subscription. The declaration contains several counts, in which the defendant is charged with representing, or causing to be represented, to the plaintiff, that said bank was then, &c., sound and solvent, &c.; that the plaintiff was induced…
1Opinion of the CourtWright, J.
The case, in some of its features, is interesting. It was an action commenced in 1843, to recover damages for an alleged fraud, which consisted in making false representations concerning the soundness and solvency of the “Hillers’ Bank of Hew York” (an association at Clyde, formed under the general banking law), whereby the plaintiff was induced to subscribe $5,300 to the stock of that institution, and to give his bond and mortgage for the amount of such subscription. In the several counts of the declaration the defendant was charged with representing, or causing to be represented to the…
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