Neff
Neff v. Mattern
Opinion
Lead Opinion
Conrey, J.
On or about February 18, 1908, at Los Angeles, California, five thousand shares of stock of the Central Union Oil Company, a corporation organized in Arizona and doing business in California, appearing on the records of the corporation as owned by defendant Frederick W. Mat- tern, were by him transferred to the plaintiff. In consideration thereof the plaintiff conveyed to Frederick W. Mattern certain real property consisting of two lots in the city of Los Angeles. At that time Frederick W. Mattern was president, defendant Wood was secretary, and defendant H. 0. Mat-tern, who was the wife of Frederick W. Mattern, was a director of that corporation. The complaint in this action alleges that in order to induce the plaintiff to buy said stock the defendants conspired and confederated together for that purpose and in pursuance thereof made to the plaintiff representations of fact concerning the corporation and its financial condition, and concerning the property of the corporation and its condition ■ that these representations were false and by the defendants known to be false, and that the plaintiff relied thereon in making said exchange; that the real property conveyed by plaintiff…