Grandview Bank & Trust Co. v. Stinson

DONNELLY, Judge.

Appellant seeks to recover for losses resulting from purchase of bonds which went into default.

Appellant filed a Petition for Damages on February 25, 1985, in which breaches of warranties were alleged. Appellant filed a First Amended Petition on March 10, 1986, in which fraud and negligence were alleged. On June 13, 1986, the trial court sustained respondents’ Motion for Summary Judgment on the ground “that an amended pleading that requires proof of ultimate facts other than that which would have been necessary to sustain the original Petition will not save the action from the…