Scales v. Lindsay

This suit was filed in a district court of Dallas county by appellant H. L. Scales, against appellee Myrtle Lindsay, to cancel a contract between the parties, alleged to have been induced by the fraud of appellee. By the terms of the contract, appellee delivered to appellant 121 shares of the par value of $100 each in a corporation styled “Lindsay, Inc.” The consideration for this stock was $2,500, $1,000 of which was paid in cash, and the remainder Ijy a note executed by appellant to appellee for the sum of $1,500, payable in installments of $500 each, due respectively 60, 90, and 120 days…