Graver v. Faurot
Court of Appeals for the Seventh Circuit
Appeal from the Circuit Court of the United States for the Northern District of Illinois, Northern Division. In September, 1888, the appellant, Graver, brought a bill in the superior court of Cook county, Ill., against the appellee, Faurot, and one Bailey, charging in substance that ihe defendants by deceitful and fraudulent practices had induced the complainant to purchase of Bailey 500 shares of stock in the Edwards Oil-Burner Company, at the price of 00 cents on the…
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Appeal from the Circuit Court of the United States for the Northern District of Illinois, Northern Division. In September, 1888, the appellant, Graver, brought a bill in the superior court of Cook county, Ill., against the appellee, Faurot, and one Bailey, charging in substance that ihe defendants by deceitful and fraudulent practices had induced the complainant to purchase of Bailey 500 shares of stock in the Edwards Oil-Burner Company, at the price of 00 cents on the dollar, when the stock was in fact worthless; that Faurot, who was the president of the Lima National Bank, at Dima, Ohio,…
1Opinion of the CourtWoods, Circuit Judge
We are of opinion that upon the facts stated in his bill the appellant was entitled to relief. In Insurance Co. v. Hodgeson, 7 Cranch, 332, where the suit was to enjoin so much of a judgment at law as exceeded the value of the vessel insured, on the ground that overinsurance had been obtained by misrepresentation of the age and tonnage of the vessel, Chief Justice Marshall, defining the scope of equitable relief in such cases, said:
“Without attempting to draw any preciso line to which courts of equity will advance, and which they cannot pass, in restraining parties from availing themselves of…
2Cases cited8 opinions
- United States v. ThrockmortonSupreme Court of the United States · 1878
- Marshall v. HolmesSupreme Court of the United States · 1891
- Hunt v. . HuntNew York Court of Appeals · 1878
- Marine Ins. Co. of Alexandria v. HodgsonSupreme Court of the United States · 1813
- Verplanck v. . Van BurenNew York Court of Appeals · 1879
3 more not listed; retrieve them via the Exa API.
3Cited by22 opinions
- Chicago, R. I. & P. Ry. Co. v. CallicotteCourt of Appeals for the Eighth Circuit · 1920
- Publicker v. ShallcrossCourt of Appeals for the Third Circuit · 1939
- Villalon v. BowenNevada Supreme Court · 1954
- El Reno Mut. Fire Ins. Co. v. SuttonSupreme Court of Oklahoma · 1913
- DeSota Coal Min. & Dev. Co. v. HillSupreme Court of Alabama · 1915
17 more not listed; retrieve them via the Exa API.