Prideaux v. Roark

Defendants in error B. P. Roark and his two sons and daughter instituted this suit against plaintiffs in error Motor Supply Company, a corporation, F. A., C. C., E. R., H. O., and J. L. Prideaux, alleging that in December, 1922, B. P. Roark was fraudulently induced by plaintiffs in error to purchase and pay for 150 shares of capital stock of Motor Supply Company, issued to his sons and daughter, at the par value of $100 per share, and that the acts of fraud consisted in representations of past and then existing material facts, which were false, and also false promises to do acts in the future…