Legal Opinion

Blaine v. Lowery

Court of Appeals of Texas

Decided December 5, 1941No. 13105PublishedCited by 6 opinions

1Opinion of the Court

BOND, Chief Justice.

Carl W. Lowery and wife brought this suit against M. H. Blaine, E. F. Patterson and Robert A. Blaine, .Jr., for damages based on actionable fraud in regard to a transaction in stock in a corporation.

The Lowerys were the owners of a drug store located at Waxahachie, Texas, of the reasonable market value of $2,300. They inserted an advertisement for sale in a Dallas newspaper, causing M. H. Blaine to become interested, apparently to purchase the business, which finally resulted in a transfer of their stock of merchandise for forty shares of stock in a corporation represented…

2Cases cited3 opinions

  1. Trinity-Universal Ins. Co. v. MaxwellCourt of Appeals of Texas · 1937
  2. Stroud v. PechacekCourt of Appeals of Texas · 1938
  3. Spencer v. WomackCourt of Appeals of Texas · 1925

3Cited by6 opinions

  1. Davis v. Estridge, Texas Court of Appeals, 12th District (Tyler)2002
  2. Southern States Life Insurance Company v. NewlonCourt of Appeals of Texas · 1966
  3. Vance v. BattertonCourt of Appeals of Texas · 1945
  4. Union Pacific Resources Group, Inc. v. Rhône-Poulenc, Inc.District Court, N.D. Texas · 1999
  5. Wren v. BohannonCourt of Appeals of Texas · 1953

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