Bowe v. Provident Loan Corp.

The plaintiff, claiming that he had been defrauded in a transaction whereby he purchased stock in the defendant corporation, brought this action for *575rescission. The cause was tried to the court without a jury, and resulted in a judgment of dismissal. From this judgment, the plaintiff appeals.

The facts may be summarized as follows: The respondent, the Provident Loan Corporation, was organized about the year 1913, for the purpose of loaning money on chattel security. From the time of its organization until March, 1919, one H. T. Irvine was president thereof. Irvine was also president of H. T.…