Joyce v. McCord
Supreme Court of Arkansas
• Appeal from Sebastian Circuit Court, Greenwood District; Paul Little, Judge; STATEMENT BY THE COUET. This is a suit for damages alleged to- Have been sustained through false representations as to the value of certain bank stock, made in the sale thereof.
Read the full summary
• Appeal from Sebastian Circuit Court, Greenwood District; Paul Little, Judge; STATEMENT BY THE COUET. This is a suit for damages alleged to- Have been sustained through false representations as to the value of certain bank stock, made in the sale thereof. The complaint alleges that the defendant sold the plaintiff ten shares of stock in the Bank of Commerce of the city of Fort Smith, upon the express representation that the stock was worth par or more; that the bank was earning more than expenses and had earned certain funds out of which a dividend would be declared in the near future. That…
1Opinion of the Court
Kjbby, J.,
(after stating,the facts). The court erred in giving appellee’s said instructions and in.refusing to give instructions one and two requested by appéllanta. The suit was ¡brought for damages for alleged false representations made in the sale of the stock and the issue was not properly submitted to the jury upon the instructions given.
(1-2) It is well settled that one who has been induced to purchase property by the fraudulent representations of the vendor has the right to recover in a court of law the damages which he has sustained thereby, but “in order for representations to be…
2Cases cited4 opinions
- Jarratt v. LangstonSupreme Court of Arkansas · 1911
- Brown v. LeMaySupreme Court of Arkansas · 1911
- Louisiana Molasses Co. v. Fort Smith Wholesale Grocery Co.Supreme Court of Arkansas · 1905
- W. T. Adams Machine Co. v. CastleberrySupreme Court of Arkansas · 1907
3Cited by6 opinions
- Ham v. HartNew Mexico Supreme Court · 1954
- Laney-Payne Farm Loan Co. v. GreenhawSupreme Court of Arkansas · 1928
- Welch v. FarberSupreme Court of Arkansas · 1934
- Rinehart & Gore v. RowlandSupreme Court of Arkansas · 1919
- Cotner v. BangsSupreme Court of Arkansas · 1919
1 more not listed; retrieve them via the Exa API.