Travis v. Travis

1 Citing case

  1. Jarvis v. Great Bend Oil Co.

    168 P. 450 (Okla. 1917)   Cited 3 times
    In Jarvis, a corporation's promoters induced investors to pay an inflated price for the corporation's stock by fraudulently misrepresenting the price of an oil-and-gas lease, which the corporation thereafter purchased.

    "If he is guilty of a misrepresentation of facts or repression of truth in relation to his personal interest in the proposed purchase, the corporation is entitled to set aside the transaction or recover compensation for any loss it has suffered." See, also, Pittsburg Mining Co. v. Spooner, 74 Wis. 307, 42 N.W. 259, 17 Am. St. Rep. 149; Cook v. Southern Columbian Climber Co., 75 Miss. 121, 21 So. 795; Fountain Spring Park Co. v. Roberts, 92 Wis. 345, 66 N.W. 399, 53 Am. St. Rep. 917; Simons v. Vulcan Oil Min. Co., 61 Pa. 202, 100 Am. Dec. 628; Moore v. Warrior Coal Land Co., 178 Ala. 234, 59 So. 219, Ann. Cas. 1915B, 173; Wills v. Nehalem Coal Co., 52 Or. 70, 96 P. 528; Cuba Colony Co. v. Kirby et al., 149 Mich. 453, 112 N.W. 1133; Travis v. Travis, 140 App. Div. 191, 124 N Y Supp. 1021; See v. Heppenheimer, 69 N.J. Eq. 36, 61 A. 843. We are of opinion that the judgment of the trial court is correct, and should be affirmed.