Dial Temp Air Conditioning Company v. Faulhaber

*85DIXON, Chief Justice.

Appellee Charles H. Faulhaber filed suit in 1957 against Dial Temp Air Conditioning Company, a corporation, Hugh S. Martin, individually and as president of the corporation, and Tip Graham, individually and as vice-president of the corporation. Appellee sought damages under Art. 4004, Vernon’s Ann.Civ.St. resulting from the alleged fraudulent sale to him of corporation stock which he had purchased in 1951. Tip Graham was later dismissed as a party to the litigation.

On March 13, 1959 a judgment based on a jury verdict was rendered in favor of appellee for $15,000, of which…