Canon City Industrial Stores Co. v. McInerney

Plaintiff in error began an action against defendant in error to recover upon a promissory note given for the balance of a sum agreed, in a subscription contract, to be paid by the defendant in error for two shares of stock of the plaintiff in error. The contract was set out in full in the complaint. The defendant filed an answer alleging that the note was given without consideration; and for a second defense that he had been induced to sign the note and contract by misrepresentations made by an agent of the plaintiff, whom he had known for many years, and in whom he had great confidence.

A…