Hallidie v. Enginger

The following statement of this cause of action is plaintiff’s own: “The plaintiff sues as the trustee for the stockholders of a certain »corporation, California Wire Works, which has forfeited its charter. The complaint alleges facts showing in brief that the defendant while acting in a fiduciary capacity, by means of certain grossly fraudulent misrepresentations and acts, induced said California Wire Works to sell to defendant seventy-five shares of stock in another corporation known as the California Wire Cloth Company for a mere fraction of its real value. That the total amount paid by…