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EQUITABLE CO. v. HALSEY, STUART & CO.

No. 291.

312 U.S. 410 (1941)

EQUITABLE LIFE INSURANCE CO. OF IOWA v. HALSEY, STUART & CO.

Supreme Court of United States.

Decided March 3, 1941.

Attorney(s) appearing for the Case

Mr. Joseph G. Gamble, with whom Mr. Alden B. Howland was on the brief, for petitioner.

Mr. Edward R. Johnston, with whom Mr. Floyd E. Thompson was on the brief, for respondent.

MR. JUSTICE STONE delivered the opinion of the Court.

Petitioner brought this suit in the District Court for Northern Illinois to recover damages suffered by reason of alleged fraudulent statements made by respondent's agents which induced petitioner to purchase of respondent a large number of Longview (Washington) local improvement bonds. The trial to a jury resulted in a verdict and judgment for petitioner in the sum of $66,150. The Court of Appeals for the Seventh...

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