L. HAND, Circuit Judge.
This is an appeal by the defendant from a judgment upon a note in favor of the Harriman Bank, of which the plaintiff is receiver. He has acknowledged liability for part of the note and paid it; against the balance he set up a counterclaim, based upon his rescission of purchases of eighty shares of the bank's stock. The facts as developed before the judge to whom the case was tried without a jury were as follows: The Harriman Securities Company...
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