Reard v. Freiden
Supreme Court of Iowa
Appeal from Woodbury District Court. — W. Gr. Sears, Judge. Suit to rescind the purchase of stock in the defendant bank, and to cancel a note executed therefor. A. B. Beall, for himself as creditor, and for all other creditors, filed a petition of intervention. Plaintiff demurred thereto, and moved that the same be stricken from the files. The court sustained both the motion and the demurrer, and from this ruling intervener appeals.
1Opinion of the CourtLadd, J.
1. Parties: right to intervene. I. The claim of Peter Reard, alleged in the petition, is that the defendant Samuel 0. Freiden, director and president of defendant bank, induced him, by fraudulent representations, to purchase 63^ shares of stock in the Sioux City Trust and Savings Bank, at the price of $15,000, for which he gave Freiden his promissory note; that the certificate of shares was issued to him for and instead of those held by Freiden; that said Freiden afterwards turned over said note to Ralph A. Oliver, as trustee, for the benefit of *825Freiden and the bank, and that it Atas handled…
2Cases cited13 opinions
- Smith v. GaleSupreme Court of the United States · 1892
- Horn v. Volcano Water Co.California Supreme Court · 1859
- Wightman v. Evanston Yaryan Co.Illinois Supreme Court · 1905
- Coffey v. GreenfieldCalifornia Supreme Court · 1882
- Lewis v. HarwoodSupreme Court of Minnesota · 1881
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3Cited by6 opinions
- Des Moines National Bank v. BatesSupreme Court of Iowa · 1929
- Linnemann v. KirchnerSupreme Court of Iowa · 1920
- Parsons v. Rinard Grain Co.Supreme Court of Iowa · 1919
- Lyon County National Bank v. Winter EstateSupreme Court of Iowa · 1932
- State Ex Rel. Fletcher v. Southern Surety Co.Supreme Court of Iowa · 1937
1 more not listed; retrieve them via the Exa API.