Lawson v. Schuchardt

Albert L. and Frances W. Lawson, husband and wife, sold the Hi-Neighbor Motel' Resort, situated on State land south of the-Boyson Reservoir, to Herbert O. and June-A. Schuchardt, husband and wife, for $58,-000 — $20,000 down and the balance of $38,- '000 secured by a first mortgage. The plaintiffs brought suit for the foreclosure of the mortgage and defendants filed a ' “cross- • complaint,” alleging that plaintiffs made false and fraudulent representations concerning the property for the purpose of inducing defendants to purchase it and asking cancellation of the contract and return of the…