Pinell v. Roppo

This is an action for contribution for loss sustained on a contract to purchase mining stock. It appears from the evidence that plaintiff, Pinell, defendant Boppo, and one E. Sholz, on January 31,1922, signed a subscription to purchase $6,000 worth of stock of the Sound Oil Company. All o'f the parties at the time had great visions of money to be made in this venture ; Pinell especially being assisted in his belief by the advice of a fortune teller in a nearby city. However, shortly after signing the agreement, Sholz and Boppo became dissatisfied with the deal, and Boppo testified that they…