Legal Opinion
Martin v. Pacific Insurance Company of New York
Supreme Court of Arkansas
Decided September 9, 1968No. 5-4628PublishedCited by 5 opinions
1Opinion of the Court
Conley Byrd, Justice.
The issue on this appeal is whether fraudulent concealment of a misrepresentation of the value of stock will toll the two-year statute of limitations, Ark. Stat. Ann. 67-1238 and 67-1256 (Eepl. 1966), on the surety bond required by section 67-1238.
In the first appeal of this case, Pacific Ins. Co. v. Martin, 242 Ark. 621, 414 S.W. 2d 594 (1967), Martin contended that she had traded 1,838 shares of First Security Life Insurance Company stock, worth $1.10 per share, for 2,000 shares of Allied stock upon the false representation of M & M Securities Company, Inc., that the…
2Cases cited2 opinions
- City National Bank v. SternbergSupreme Court of Arkansas · 1938
- Pacific Insurance Co. of New York v. MartinSupreme Court of Arkansas · 1967
3Cited by5 opinions
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- Schenebeck v. Sterling Drug, Inc.District Court, E.D. Arkansas · 1968
- Semrad v. Edina Realty, Inc.Court of Appeals of Minnesota · 1991
- School Employees Credit Union, a Kansas Credit Union Corporation v. National Union Fire Insurance Company, School Employees Credit Union, a Kansas Credit Union Corporation v. National Union Fire Insurance Company of Pittsburgh, Pennsylvania, a Corporation Organized and Operating Under the Laws of the State of Pennsylvania, Defendant-Third- Party v. Swink & Company, Inc., Timothy Gibbons, Jim Swink, Bob Blackwood, Gary Granger, Louis Pagillo, Robert Sheddy, Morgan Magness, Third-Party-Defendants, and Randy Hall, Frank Scott, Eldon Milburn, Violet Ross, Robert Johnson, Jim Tinsley, Bill Kincaid, Lester Lawson, Gloria Willis, R.W. Raines, William W. Boone, Carol Adam, Jerry McCloud Reminta King, Third-Party-Defendants-AppelleesCourt of Appeals for the Third Circuit · 1995