Cox v. Bailey

On February 18, 1931, Alertox Inc. brought suit against J. 0. Bailey to recover on a certain stock-subscription contract signed by J. 0. Bailey, whereby he agreed to purchase a named number of shares of stock in the plaintiff company. A plea of fraud was filed, alleging that such stock subscriptions were procured by fraudulent misrepresentations of the duly authorized agent of the plaintiff selling the same. A similar suit was filed against H. F. Edge at the same time, and by agreement of counsel it was stipulated- that one ease would be tried and the decision therein should control. The case…