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BARRETT, FITCH, NORTH & CO. v. HUDSON

No. 24348.

403 S.W.2d 944 (1966)

BARRETT, FITCH, NORTH & CO., Incorporated, a Missouri Corporation, Plaintiff-Appellant, v. R. Lofton HUDSON and Jessie L. Hudson, Defendants-Respondents.

Kansas City Court of Appeals, Missouri.

Motion for Rehearing and/or Transfer Denied June 6, 1966.

Attorney(s) appearing for the Case

John H. Kreamer, Kenneth V. Butler, Gage, Hodges, Park & Kreamer, Kansas City, for appellant.

Winston V. Buford, Eminence, John C. Thurlo, Swanson, Midgley, Jones, Blackmar & Eager, Kansas City, for respondents.

Motion for Rehearing and/or Transfer to Supreme Court Denied June 6, 1966.

BROADDUS, Special Commissioner.

This is a suit in equity to rescind the sale of corporate stock and to compel a return of the purchase price. Judgment was for defendants and plaintiff appealed.

In 1956, Dr. R. Lofton Hudson and his wife, Jessie L. Hudson, defendants-respondents, purchased 100 shares of capital stock in the American Founders Life Insurance Company for $6 per...

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