Lawrence v. Meenach

Citations

• 45 Wash. 632
• 88 P. 1120
• 1907 Wash. LEXIS 529

Syllabus

<p>Mines and Mining — Sanes—Fkaud—Evidence—Sufficiency. Allegations of fraud in the sale of mining stock hy plaintiff are not sustained by the preponderance of the evidence, where it appears. that plaintiff received for his claim, then regarded of little value, a sum certain and an agreement for 100,000 shares of stock to he thereafter issued, the agreement not specifying the amount of the capitalization, plaintiff claiming that the capitalization was to he 500,000 shares and his share a one-fifth interest, and that the contract was afterwards fraudulently altered, it further appearing that plaintiff, shortly after the sale, accepted the 100,000 shares, showing on their face a capitalization of ten million, without objection or making claim to a greater interest for over four years, during which time he had sold his stock and the mine had been developed and proved to he of great value.</p>