NORTHCOTT, Circuit Judge.
In January, 1923, the defendant in error, who was also the defendant below, and will be referred to here as the defendant, H. W. Jackson, was a stockholder and a director in two corporations owning woolen mills, located in North Carolina. They were the Franklinville Manufacturing Company and the Randolph Manufacturing Company. Defendant was a banker and lived in Richmond, Va. At that time negotiations were opened for the sale by Jackson to...
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