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SOVEREIGN POCOHONTAS CO. v. BOND

No. 7672.

120 F.2d 39 (1941)

SOVEREIGN POCOHONTAS CO. v. BOND et al.

United States Court of Appeals for the District of Columbia.

Decided June 2, 1941.

Attorney(s) appearing for the Case

Mark P. Friedlander, of Washington, D. C., for appellant.

Edmund D. Campbell, of Washington, D. C. (Edward A. Beard, of Washington, D. C., on the brief), for appellees.

Before MILLER, EDGERTON, and RUTLEDGE, Associate Justices.

EDGERTON, Associate Justice.

In this action for deceit, the District Court directed a verdict for the defendants. Their alleged misstatements related to the condition of a corporation of which they were officers. There is evidence that they said it was making money, and had made about $800 in the previous quarter and over $3,000 in the preceding year, and that they caused certain financial statements to be sent to plaintiff. Actually the corporation was losing money...

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