Tennessee Supreme Court December 15, 1922 (Shwab v. Walters)

' Me. Chief Justice Geeen

delivered the opinion of the Court.

This is an action of fraud and deceit brought in the chancery court to recover damages for false statements alleged to have been made as to the financial condition of a corporation in which the complainants bought stock from the defendants. There was a decree for the complainants below, and the defendants have appealed to this court.