Edelman v. Latshaw

Citations

• 159 Pa. 644
• 28 A. 475
• 1894 Pa. LEXIS 913

Syllabus

<p>Equity — Jurisdiction—Fraud—Sale.</p> <p>A bill in equity cannot be sustained to compel the reconveyance of shares of stock sold to defendant under fraudulent representations made by him, where the relief sought is merely compensation in damages. In such a case there is an adequate remedy at law.</p> <p>A mere misstatement by a buyer of his motive in purchasing, or in limiting the amount of his offer, is not ground for equitable relief.</p>