Wood v. Powers

STEPHENS (Jess E.), J. pro tem.

This is an action to recover money paid as the purchase price for corporate stock. Defendant Averill alone answered and he will be hereinafter referred to as defendant.

The complaint was, in form, for money had and received, and upon the trial before the court without a jury it appeared that plaintiff’s assignor in December, 1934, purchased certain stock of the Monarch Gold Mining Company, a corporation organized under the laws of the State of Nevada. Plaintiff’s assignor, Miss Beale, was a secretary in the office of one of her present counsel, who at that time…