Legal Opinion · Dissent

Ottmann v. Blaugas Co.

Appellate Division of the Supreme Court of the State of New York

Decided February 11, 1916Published

Appeal by the defendants, Blaugas Company of Cuba and others, from a judgment of the Supreme Court in favor of the plaintiff, entered in the office of the clerk of the county of New York on the 19th day of May, 1915, upon the decision of the court after a trial at the New York Special Term.

1Dissent

Page, J. (dissenting):

This is an action for rescission of a sale of stock upon the ground that the purchase thereof was induced by fraudulent representations. The Blaugas Company of Cuba was incorporated in November, 1911, under the laws of Delaware for the purpose of the manufacture and sale in the island of Cuba and other West India islands of a liquefied illuminating and fuel gas known as “Blaugas.” The individual defendants were the directors and officers of the company at all the times hereinafter mentioned. The board of directors met for organization on December 12, 1911, and appointed…

2Cases cited7 opinions

  1. Dutton v. . WillnerNew York Court of Appeals · 1873
  2. Downey v. . FinucaneNew York Court of Appeals · 1912
  3. Baker v. . LeverNew York Court of Appeals · 1876
  4. Rives v. . BartlettNew York Court of Appeals · 1915
  5. Lehman-Charley v. BartlettAppellate Division of the Supreme Court of the State of New York · 1909

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