ARKANSAS REAL ESTATE CO. v. FULLERTON

No. 5-2190.

339 S.W.2d 947 (1960)

ARKANSAS REAL ESTATE CO., Inc., and John Yancey, Appellants, v. Robert W. FULLERTON, Jr. and Vernon Brooks, Appellees.

Supreme Court of Arkansas.

November 14, 1960.


Attorney(s) appearing for the Case

James R. Howard of Moses, McClellan, Arnold, Owen & McDermott, Little Rock, for appellants.

Wright, Harrison, Lindsey & Upton, Little Rock, for appellees.


HARRIS, Chief Justice.

Appellees Fullerton and Brooks purchased respectively 5000 and 2500 shares of stock at $1 per share, in Arkansas Warehouse Corporation from John Yancey, agent for Arkansas Real Estate Company, Inc.1 Subsequently, appellees instituted suit in the Pulaski County Circuit Court alleging that the stock had been sold to them under fraudulent representations by Yancey; further, that the stock was sold in violation of the...

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