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GRUNDMAN v. BARATARIA DEVELOPMENT CORPORATION

No. 21464.

128 So.2d 717 (1961)

Azema Cassagne GRUNDMAN, Ambrosia Grundman, Wife of Dr. Charles J. Stewart and Dr. Charles J. Stewart, v. BARATARIA DEVELOPMENT CORPORATION et al.

Court of Appeal of Louisiana, Orleans.

Rehearing Denied April 24, 1961.

Certiorari Denied June 20, 1961.

Attorney(s) appearing for the Case

Cecil M. Burglass, Jr., Metairie, for plaintiffs-appellees.

Nolan Kammer, New Orleans, for Barataria Development Corp. and Joseph K. Handlin, defendants-appellants.

Nathan Greenberg, Gretna, for Mrs. Agatha Fisher Mayronne, defendant-appellee.

JANVIER, Judge.

Plaintiffs, Dr. and Mrs. Charles J. Stewart, and Mrs. Stewart's mother, Mrs. Azema Cassagne Grundman, having bought from Barataria Development Corporation "production interest assignments", brought this suit against said corporation and members of its Board of Directors, charging that they had been induced to make the said purchases by fraudulent misrepresentations as to the holdings of the said corporation, and that the said interest assignments were...

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