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DAVIES v. ACWARE PLASTICS

Docket No. 19375.

116 Cal.App.2d 798 (1953)

254 P.2d 663

RAY DAVIES, JR., Appellant, v. ACWARE PLASTICS (a Corporation) et al., Respondents.

Court of Appeals of California, Second District, Division Two.

March 20, 1953.

Attorney(s) appearing for the Case

Frank J. Kanne, Jr. for Appellant.

Collins & Woolway for Respondents.

MOORE, P.J.

The court below found against plaintiff's allegation that he had been fraudulently induced to invest $5,000 in the stock of the corporate defendant. He demands a reversal of the ensuing judgment on the grounds of (1) insufficiency of the evidence, (2) erroneous construction of section 25152 of the Corporations Code.

Appellant purchased his stock from respondent Gummo who was president and treasurer of Acware Plastics, and owner of two thirds of...

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