State ex rel. Sorensen v. State Bank

Mrs. Frances C. Morgan, intervener, in her petition in intervention alleged that she was induced by fraudulent *706representations, made to her by the president of the State Bank of Omaha, to purchase from it certain bonds. She sought rescission, tendered back the bonds, and asked that the amount paid by her for the bonds be declared held by the receiver in trust for and restored to her. The receiver in his answer pleaded the statute of limitations, and denied certain allegations in the petition. A reply put in issue the allegations of the answer. The trial resulted in a judgment for the…