Judson v. Peoples Bank and Trust Co.

The opinion of the court was delivered by

Weintraub, C. J.

Plaintiffs charged they were induced by fraud to sell their shares of stock in Tuttle Bros., Inc. of Westfield, a New Jersey corporation, and sought to recover the difference between the price received and the actual value of the shares.

Plaintiffs accepted $2,500 in settlement from defendants, Peoples Bank and Trust Company of Westfield and the estate of Charles M. Smith, and consent judgments of dismissal were entered as to them. The remaining defendants, John O. Evans, the Sturdy Company, a New Jersey corporation (wholly owned by…