Prescott-Phœnix Oil & Gas Co. v. Gilliland Oil Co.

This is a suit by the Gilli-land Oil Company, a Delaware corporation, against the Prescott-Phoenix Oil & Gas Company, also a foreign corporation, for a rescission of a verbal contract, entered into between the parties on September 13, 1919, and to recover $16,000, and interest thereon, ¡laid by appellee to appellant, in pursuance to the terms of the contract. The petition alleged substantially that on September 13, 1919, appellant, through its general manager, Lloyd Sigler, represented to the agents of appellee that appellant had a contract with one H. L. Hagerman, for the delivery and…