Dodd v. Boles

The opinion of the court was delivered by

Hutchison, J.:

The defendant in this action appeals from a judgment rendered against him rescinding a contract of purchase of thirty shares of stock in the Charles E. Davis Furniture Company and ordering the return to the plaintiff of the money paid and the note and mortgage assigned as the purchase price thereof. The grounds for rescission alleged by the plaintiff, and found by the court, were representations made by the defendant as to the financial *602condition of the company, which were later found to be incorrect and false.

The first and most serious…