Trans-South-Rent-A-Car, Inc. v. Wein

This is an appeal from an order denying appellant's motion for new trial after judgment on jury verdicts for appellees in their suit on promissory notes, and for appellees on appellant's cross-claim and third party claim for fraud.

Edward and Margaret Wein filed suit against Trans-South-Rent-A-Car, Inc. (TSRAC) claiming on seven promissory notes. TSRAC filed an answer and a counterclaim against the Weins for fraud, the basis of the fraud being alleged material misrepresentations (that the corporation had no outstanding obligations to stockholders) made by Edward Wein to Baldwin to induce…