Thackrah v. Haas

Citations

• 119 U.S. 499
• 7 S. Ct. 311
• 30 L. Ed. 486
• 1886 U.S. LEXIS 2020

Syllabus

<p>A transfer of shares in a corporation, procured from the owner, while so intoxicated as to he incapable of transacting business, by fraud, with knowledge of his condition, and for a grossly inadequate consideration, will be set aside in equity; and if, without any fault of his, he is unable to restore the consideration, provisión for its repayment may be made in the final decree.</p>