WARREN, Justice.
This is an appeal from a judgment awarding appellees damages against appellant for fraud in misrepresenting the financial condition of a corporation in which appellees invested.
In 1974, appellant was a major stockholder in A.M.S. Airways, Inc., (A.M.S.) which was engaged in the transportation of freight by air. In the latter part of 1974, appellee Frank Miller visited appellant in Houston and during this visit appellant indicated that some...
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