Samuel v. King

In exercise of an option, complainants, appellants here, acquired, in 1918, by bond for title, a certain land lot in Georgia, represented by the vendor to contain a mineral deposit known as talc. Following- a preliminary and inconclusive examination the complainants allege that they were induced to complete their purchase, paying a part of the agreed consideration and executing notes for the balance, on the faith of positive representations by the seller that talc would be found in profitable quantities, coupled with his assurance that if not so found the consideration would not be exacted.

The…