Emery v. Third Nat. Bank of Pbg.

Opinion by

Mr. Justice Maxey,

The plaintiff relying, as he says, on defendant’s misrepresentations invested $10,000 in the Highland Coffee Company and lost it when the company became bankrupt. Plaintiff brought suit against the defendant, hereinafter referred to as the bank, for “compensatory and punitive damages,” and recovered $10,000 with interest or a total of $12,000. Defendant’s motion for judgment n. o. v. was refused.

The assets of Highland Coffee Company, a bankrupt Pennsylvania corporation, were purchased by the bank, and a new corporation called “The Highland Coffee Company” was…