Prewitt v. Sunnymead Orchard Co.

This action was brought by plaintiff, Addie Lillian Prewitt, to have rescinded a contract which she had entered into with defendant Sunnymead Orchard Company for the purchase of one thousand shares of its stock and to recover damages, upon the ground that the purchase was induced by fraudulent representations made by the defendant company through defendants N. A. Ross and A. G. Stearns, who were respectively its president and secretary, plaintiff having previously served notice of rescission. The purchase was made on May 7, 1913, plaintiff taking the stock at the par value of one dollar per…