Grimes v. Baker

Plaintiff brought suit in the district court to recover damages sustained by reason of defendant’s failure and refusal to fulfil a verbal statement to save plaintiff harmless from *899any loss she might suffer by reason of her purchase of shares of stock of the Universal Gypsum & Lime Company, of Chicago, Illinois, recommended by him.

Defendant alleged in his answer that he acted purely as the agent of the plaintiff in the purchase of said stock from George E. Sipple, its owner, and that the agreement alleged by plaintiff to repurchase the stock was barred by the statute of limitations, and void…