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BROCALSA CHEMICAL CO. v. LANGSENKAMP

No. 5070.

32 F.2d 725 (1929)

BROCALSA CHEMICAL CO. et al. v. LANGSENKAMP et al.

Circuit Court of Appeals, Sixth Circuit.

On Motion for Rehearing, June 5, 1929.

Attorney(s) appearing for the Case

E. E. Corn, of Ironton, Ohio, and Joseph McGhee, of Columbus, Ohio, for appellants.

Frederick E. Matson, of Indianapolis, Ind. (Hedges, Hoover & Tingley, of Columbus, Ohio, Matson, Carter, Ross & McCord, of Indianapolis, Ind., Herman Tingley, of Columbus, Ohio, and Solon J. Carter and Austin V. Clifford, both of Indianapolis, Ind., on the brief), for appellees.

Before DENISON, MOORMAN, and HICKS, Circuit Judges.

DENISON, Circuit Judge (after stating the facts as above).

The subject of fraudulent misleading may be summarily disposed of. There is no allegation of any misstatement as to the value of the bonds, or, indeed, any pleading claim that they were not worth the price paid. There is no substantial proof of any plan or representation that the proceeds of the bonds were not to be used for all ordinary corporate purposes, naturally...

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