[Download] "Texas Industrial Trust v. Myrtle M. Lusk" by The Texas Court of Criminal Appeals # eBook PDF Kindle ePub Free

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eBook details

• Title: Texas Industrial Trust v. Myrtle M. Lusk
• Author : The Texas Court of Criminal Appeals
• Release Date : January 12, 1958
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 60 KB

Description

Plaintiff, Myrtle M. Lusk, an aged widow, sued to rescind two deeds to property, which she gave Texas Industrial Trust, Inc., in exchange for what proved to be worthless corporate stock. She tendered back all the stock. A jury found that defendant, acting through its president, on August 18, 1954, fraudulently represented to plaintiff she could get $1 per share for her stock after January 1, 1955; that defendant corporation would pay dividends after January 1, 1955, and that plaintiff, after January 1, 1955, could secure money on her stock when she needed it. The court gave judgment for the plaintiff rescinding her two deeds. The court also gave plaintiff judgment in the sum of $3,845 as rentals collected by defendant corporation on the property. Defendant appeals.

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