Markey v. Hibernia Homestead Ass'n

McCALEB, Judge.

Plaintiff, Mrs. John T. Knoop, instituted this suit against the Hibernia Homestead Association and three members of its Board of Directors, namely, Sidney Freudenstein, Gilbert O. Bergeron and George H. Ma-ginnis, who constituted a Board of Directors Committee. for the purchase of shares of the homestead stock, to recover. the damages she claims to have sustained as the result- of a scheme allegedly concocted by the defendants by which she charges that she was fraudulently induced to sell to the homestead 17 shares of its capital stock (par value $100 per share) for $50 per…