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JACKSON TOOL & DIE, INC. v. SMITH

No. 21380.

339 F.2d 88 (1964)

JACKSON TOOL & DIE, INC., et al., Appellants, v. John Curtis SMITH et al., Appellees.

United States Court of Appeals Fifth Circuit.

December 10, 1964.

Attorney(s) appearing for the Case

B. Stirling Tighe, Tighe & Tighe, Jackson, Miss., for appellants Jackson Tool & Die, Inc., and others.

W. Swan Yerger, Jackson, Miss., Heidelberg, Woodliff & Franks, Jackson, Miss., of counsel, for appellants Dorsey J. Barefield, and others.

Bernard W. N. Chill, James Leon Young, Swep S. Taylor, Jr., Jackson, Miss., Forrest G. Cooper, Indianola, Miss., H. Talbot Odom, Greenwood, Miss., Young & Young, Jackson, Miss., for appellees.

Before JONES and BELL, Circuit Judges, and HUNTER, District Judge.

HUNTER, District Judge.

The "principal appellees," John Smith and Rowena Smith, paid $7,500 for 3,000 shares of stock of Jackson Tool & Die, Inc. Subsequently, they sold the same 3,000 shares for $3,000. They instituted suit in the district court, under the Civil Liabilities provisions of the Securities Act of 1933, for the $4,500 difference, interest and attorney's fees. Joined as defendants were Jackson Tool, its officers...

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