Dale Frey v. Jack L. Martin

This is a suit for damages alleged to have been sustained by the appellant Dale Frey when he was induced by fraudulent misrepresentations of the appellees Jack L. Martin and Don E. Jones to exchange his ranch in Missouri for a large apartment complex in the City of Dallas. Frey alleged that Martin and Jones, acting for the owner, Investors-Southwestern, Inc., represented to him that the complex contained 166 apartment rental units, but that after consummating the transaction he discovered that there were only 162 such units. The appellee Jones filed a counterclaim against Frey for $6,500 alleged to be due on a promissory note owned by Jones and signed by Frey.