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KOEHLER v. HAECHLER

27 Wis.2d 275 (1965)

KOEHLER, Appellant, v. HAECHLER and another, Respondents.

Supreme Court of Wisconsin.

March 30, 1965.

Attorney(s) appearing for the Case

For the appellant there was a brief by Ed. W. Knappe, attorney, and Royal E. Cass of counsel, both of Milwaukee, and oral argument by Mr. Cass.

For the respondents there was a brief by Bernstein, Wessel, Weitzen & Lewis of Milwaukee, and oral argument by John H. Wessel.

FAIRCHILD, J.

The only claim of fraud is that the shares sold to plaintiff were issued in excess of the number authorized. There is no claim that the financial condition of the corporation was misrepresented. Apparently all parties realized at the time of the sale of stock that the corporation was in difficulty.

Sec. 330.19, Stats., fixes a six-year period of limitation, applicable here, but provides that a cause...

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