Hobart v. Hobart Estate Co.

This is an action for damages for loss resulting from alleged fraudulent representations through which plaintiff claims he was induced to sell 833% shares of stock in the Hobart Estate Company at less than its true value. A verdict was rendered against defendants Greene and the Hobart Estate Company for actual damages, together with an award of exemplary damages against Greene. Defendants have appealed from the judgments entered on the verdict and from orders denying motions for judgment notwithstanding the verdict.

Walter S. Hobart, the grandfather of plaintiff, died in 1892, leaving his…