Bankers Mortgage Co. v. Leisure

The parties will be referred to as they appeared in the trial court.

On April 23, 1930, the plaintiffs filed their petition asking for the rescission of a contract entered into between plaintiffs and defendant and for judgment against the defendant for $1,’200 for money paid on the contract. The allegations of plaintiffs’ petition were that on- June 28, 1928, one Frans Jansen, agent of the defendant, called upon the plaintiff John B. Leisure and offered to sell him a first mortgage bond of the defendant for a certain price. Plaintiffs allege that said agent represented to the plaintiffs that…