Danford v. Winter

GARDNER, Chief Judge.

This was an action, brought by appellant as plaintiff to cancel two promissory notes, one for $3,000, and one for $25,000, executed by him and held by appellee, and to procure a return of a certificate for 2500 shares of stock in the Aledo' Oil and Gas Company, pledged as collateral to the $25,-000 note. Plaintiff alleged that the notes were given for certain oil and gas lease interests sold to him in Illinois by one E. A. Ottman, in violation of the Blue Sky Laws of that state and that the execution of the $25,000 note was induced by fraudulent representations made by…