Munson v. Apartment & Hotel Inv. Co.

This action is for the rescission of a contract executed April 8, 1918, by the plaintiff and the Apartment & Hotel Investment Company (hereinafter called defendant company) for the sale of a one-half interest in an apartment house business, and to recover the sums paid on account of the purchase price. It is alleged in substance that on April 8, 1918, the plaintiff was imposed upon while he was sick, and induced by false representations to enter into the contract; that the plaintiff paid $5,000 in money and executed and delivered a note and mortgage for $3,000 to apply on the purchase price,…