Tone v. Halsey, Stuart & Co.

Mr. Presiding Justice Matchett

delivered the opinion of the court.

David K. Tone, a lawyer and investor, sues defendant, an investment banker, to recover damages alleged to have been sustained by him through relying on false and fraudulent representations by which he was induced to purchase from defendant certain securities of the Middle West Utilities Co. and Corporation Securities Co. Plaintiff filed a declaration in two counts and thereafter by leave additional counts. Defendant filed a plea of the general issue. There was a trial by jury. Plaintiff offered evidence, a part of which was…