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AUSTIN v. TIRE TREADS, INC.

No. 7425DC84.

205 S.E.2d 615 (1974)

21 N.C. App. 737

Jack AUSTIN v. TIRE TREADS, INC., and W. A. Hays.

Court of Appeals of North Carolina.

June 5, 1974.

Attorney(s) appearing for the Case

John H. McMurray, Morgantown, for plaintiff appellee.

Byrd, Byrd, Ervin & Blanton by Robert B. Byrd, Morgantown, for defendant appellant.

VAUGHN, Judge.

Defendant argues that his motion for a directed verdict should have been granted. We agree. Although personal liability may be imposed on a corporate officer for fraudulently misrepresenting a company's financial condition to one dealing with the company provided that party suffers a loss as a result of reliance on the misrepresentation involved, see Mills Co. v. Earle, 233 N.C. 74, 62 S.E.2d 492...

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