Link v. Cox

SMITH, Chief Judge.

Defendants (except C & L Enterprises) appeal from a judgment in a court-tried case awarding damages to plaintiff for fraud by defendants. The judgment was for $9457.37 actual damages plus interest and $5000 punitive damages against all five defendants. We affirm as to defendants Charles Raymond Cox and Buster Brown and reverse as to Lois Maurine Brown and Patricia Cox (now Smiddy).

In 1968, Charles Cox, Buster Brown and a third man, Frederick Brown (hereinafter promoters) devised a plan to print and distribute stamps to Jaycee clubs throughout the United States. These stamps…