Supreme Court of North Carolina December 22, 1900 (Austin v. Murdock.)

Montgomery, J.

This action was brought by the plaintiffs against the defendant for an alleged fraud and deceit

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practiced on tbe plaintiffs by; tbe defendant in tbe procurement of certain subscriptions, in money and notes, for tbe purpose of buying machinery to be used by a corporation thereafter to be formed, and to consist of tbe subscribers, tbe defendant, and others.