Kohl v. Taylor

Citations

• 62 Wash. 678
• 114 P. 874
• 1911 Wash. LEXIS 765

Syllabus

<p>Corporations —Stock—Sales —Rescission by Vendee — Fraud. The false statement of the owner of corporate stock as to what it had actually cost him, for the purpose of inducing a sale, is a misrepresentation of a material fact, for which rescission and damages may be had, especially, where future business relations were to grow out of the sale.</p>