Wenstrom Consolidated Dynamo & Motor Co. v. Purnell

The plaintiff helow, the appellee here, filed his hill against the appellant, and E. L. Tunis, the defendants helow, for the purpose of having rescinded his contract of subscription to the capital stock of the defendant corporation, procured from him, as alleged, by the fraudulent misrepresentation of E. L. Tunis, the agent and one of the principal promoters of such corporation. By the decree of the Court helow, the contract of subscription was rescinded, and declared null and void; and the corporation defendant was decreed to pay hack to the plaintiff the amount of money paid on the shares…