Study Aids
Case Briefs Overview
Casebooks
Case Briefs
S

Sovereign Pocahontas v. Bond

120 F.2d 39 (1941)

From our private database of 46,500+ case briefs, written and edited by humans—never with AI.

Sovereign Pocahontas v. Bond

United States Court of Appeals for the District of Columbia
120 F.2d 39 (1941)

  • Written by Rose VanHofwegen, JD

Facts

Two officers of a corporation, Moyer and Bond (defendants), sent out financial statements showing profits over the last year when in fact the corporation lost money. As a result, its creditor, Sovereign Pocahontas (plaintiff), refrained from debt collection action and instead made another sale to the corporation. The corporation’s financial condition continued to worsen, meaning Sovereign Pocahontas ultimately collected less than it could have when the financial statements issued. Sovereign Pocahontas sued for fraud, defined as knowing or reckless misrepresentations. The officers were frequently in the corporation’s office and spoke for it, but someone else kept the books. No evidence showed the officers examined the books, understood bookkeeping, prepared the financial statements, knew they were wrong, or even knew the corporation was unprofitable. The trial court directed a verdict for the officers and Sovereign Pocahontas appealed.

Rule of Law

Issue

Holding and Reasoning (Edgerton, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 834,000 law students since 2011. Some law schools even subscribe directly to Quimbee for all their law students.

    Unlock this case briefRead our student testimonials

  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.

    Learn about our approachRead more about Quimbee

Here's why 834,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 46,500 briefs, keyed to 994 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Access this case brief for FREE

With a 7-day free trial membership
Here's why 834,000 law students have relied on our case briefs:
  • Reliable - written by law professors and practitioners, not other law students
  • The right length and amount of information - includes the facts, issue, rule of law, holding and reasoning, and any concurrences and dissents
  • Access in your class - works on your mobile and tablet
  • 46,500 briefs - keyed to 994 casebooks
  • Uniform format for every case brief
  • Written in plain English - not in legalese and not just repeating the court's language
  • Massive library of related video lessons - and practice questions
  • Top-notch customer support

Access this case brief for FREE

With a 7-day free trial membership

Casebooks

Torts

Key Terms