Shattuck v. Robbins
Supreme Court of New Hampshire
Assumpsit, to recover the amount of the defendant’s subscription to the stock of the New Hampshire Press Association. Facts found by the court. The defendant subscribed for ten shares of the capital stock of the association, at the par value of fifty dollars per share, amounting to $500, which sum he agreed to pay in quarterly payments at specified times. The subscriptions were solicited by one Towner.
Read the full summary
Assumpsit, to recover the amount of the defendant’s subscription to the stock of the New Hampshire Press Association. Facts found by the court. The defendant subscribed for ten shares of the capital stock of the association, at the par value of fifty dollars per share, amounting to $500, which sum he agreed to pay in quarterly payments at specified times. The subscriptions were solicited by one Towner. When the defendant subscribed for his stock, Towner talked about buying the “ Nashua Telegraph,” said they had arranged to buy it, and were going to have the Associated Press news. The…
1Opinion of the CourtWallace, J.
The main ground of defence presented is that the defendant was induced to subscribe for the stock by the false and fraudulent representations of Towner, who solicited the subscription, that they had arranged to buy the “ Nashua Telegraph ” and were going to have the Associated Press news. There is neither a finding of fraud nor any evidence of fraud in the case. No facts were found inconsistent with the utmost good faith on the part of Towner. It does not appear that at the time of the defendant’s subscription they had not in fact arranged to buy the “Nashua Telegraph” or that they were not…
2Cases cited2 opinions
- McAllister v. Indianapolis & Cincinnati RailroadIndiana Supreme Court · 1860
- Kelsey v. . the Northern Light Oil Co.New York Court of Appeals · 1871
3Cited by3 opinions
- Bigelow v. BarnesSupreme Court of Minnesota · 1913
- Anderson v. ScottSupreme Court of New Hampshire · 1900
- Connell v. Diamond T. Truck Co.Supreme Court of New Hampshire · 1936