91 Iowa 285 | Iowa | 1894
Complaint is made of the admission of evidence, and to a proper understanding of the questions presented, it will be well to have in mind that the right of recovery depends entirely on the fact of fraudulent representations as to the value of the stock of the corporation, which fixed the value of the stock sold to the plaintiff. The court gave the measure of damage as “the difference between the fair market value which such shares would have had if the representations complained of had been true and the actual market value thereof in the light of the truth concerning the matters so falsely represented.” The plant constituting a part, if not all, of the capital of the