Vye v. McKenney

The issue in this suit is whether the contract for the purchase of shares of stock in a business corporation should be rescinded for alleged false representations made by the defendants. A master was appointed, exceptions to his report were overruled, the report was confirmed, and a decree was entered dismissing the bill, from which the plaintiff appealed.

The defendant McKenney was for many years a dealer in electrical and gas fixtures' in Boston doing business under the name McKenney & Waterbury Co., Inc. The plaintiff had been employed by a concern dealing in electrical supplies and the…