Daugherty v. Park

Defendants had verdict of a jury and judgment in action of fraud to recover $2,000 and the value of 20 shares of stock in defendant bank.

Plaintiff owned 20 shares of stock of The Peoples State Bank of Caro. In December, 1931, defendant Park, then cashier and later president of the bank, came to plaintiff’s home and, she said, he told her, in substance, that the stockholders were required to pay into the bank a 100 per cent, assessment, and induced her to pay in $2,000.

Defendants claim the matter was presented to plaintiff as a plan of voluntary contribution. The court submitted the issue of…