Daggers v. Mayer
Opinion of the Court
Plaintiff originally sued defendant for breach of his agreement to repurchase from the plaintiff, at $20 a share, 20 shares of the stock of a certain corporation, which defendant had sold to the plaintiff at $10 a share. Defendant pleaded the statute of frauds, and admitted the was not in In the
I am unable to find from the record what plaintiff regards as the fraud perpetrated by the defendant. Apparently it is claimed that defendant had told plaintiff that some of her friends had also bought stock, and there are indications in the testimony that defendant claims he had not sold stock to these friends. If this were a material representation, the proof of its falsity is' insufficient. Nor is there any evidence that plaintiff relied thereon. In no event is there any basis for the award of any such amount of damages as $400. Indeed, there is no proof of any damage, except through failure of defendant to perform his alleged contract to repurchase the stock, and there is no attempt to prove what may have been plaintiff's loss by reason of such breach, so that in no aspect can the judgment be sustained. ■
Judgment reversed, and new trial ordered, with costs to appellant to abide the event. All concur.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.