Brahm v. M. C. Gehl Co.
This text of 131 N.W. 1135 (Brahm v. M. C. Gehl Co.) is published on Counsel Stack Legal Research, covering Wisconsin Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
The single question presented by this appeal is •one of fact. The trial court found that no false or fraudulent representations were made by the defendants as to the ■value of the good will of the business, for which ten shares of ■stock were issued to the wife of the defendant M. C. GeM. There is ample testimony to sustain this finding and, that being so, the question of estoppel is eliminated. It is. significant, as respondents urge, that for two years and a half, while plaintiff was president of the corporation and drawing a salary of $60 per month, he failed to discover that the value of the good will had been misrepresented, but made such discovery the moment he lost his office and salary. As to the one share of stock issued to M. 0. GeM, it is undisputed that it was issued for personal property turned over by him to the ■corporation. It would serve no useful purpose to review the ■evidence upon which the findings of the court are based.
By the Court. — Judgment affirmed.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Cite This Page — Counsel Stack
131 N.W. 1135, 146 Wis. 238, 1911 Wisc. LEXIS 130, Counsel Stack Legal Research, https://law.counselstack.com/opinion/brahm-v-m-c-gehl-co-wis-1911.