Brown v. Lasalle Archer
Missouri Court of Appeals
Appeal from the Jasper Circuit Court. — Hon. W. M.. Robinson, Judge. (1) Fraud will so affect the transaction that plaintiff can only recover the amount actually advanced with interest after deducting all monthly payments; and corporations are responsible for frauds of their officers and agents. Nelson v. Betts, 30 Mo. App. 13, 14; 1 Addison on Contracts [7 Ed.], sec. 306, p. 446; sec. 309, p. 448; Wannell v. Kem, 57 Mo. 492; Anderson v. McPike, 86 Mo. 298; Sherman v. Print.
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Appeal from the Jasper Circuit Court. — Hon. W. M.. Robinson, Judge. (1) Fraud will so affect the transaction that plaintiff can only recover the amount actually advanced with interest after deducting all monthly payments; and corporations are responsible for frauds of their officers and agents. Nelson v. Betts, 30 Mo. App. 13, 14; 1 Addison on Contracts [7 Ed.], sec. 306, p. 446; sec. 309, p. 448; Wannell v. Kem, 57 Mo. 492; Anderson v. McPike, 86 Mo. 298; Sherman v. Print. Co., 29 Mo. App. 38; Alexander v. Relfe, 74 Mo. 517; Jackson v. Ins. Co., 27 Mo. App. 73, 74; Mort. Sec. Co. v.…
1Opinion of the CourtEllison, J.
Plaintiff, as receiver of the Home Savings and Loan Association, of St. Louis, is seeking to foreclose a mortgage executed by defendants to such loan association, to secure the payment and performance of the following contract:
“$600. St. Louis, Mo., August 1, 1891.
“Received of Home Savings and Loan Association, of St. Louis, Missouri, six hundred-dollars, as a loan on six shares of stock, No. 15960, owned by me in said association, and I, Lasalle Archer, agree to pay to said association on the twentieth day of each month, at the office of the association, St. Louis, Missouri, eleven and…
2Cases cited12 opinions
- Call v. PalmerSupreme Court of the United States · 1885
- Andrews v. PoeCourt of Appeals of Maryland · 1869
- Payne v. NewcombIllinois Supreme Court · 1881
- Ginn v. New England Mortgage Security Co.Supreme Court of Alabama · 1890
- Rogers v. BuckinghamSupreme Court of Connecticut · 1865
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3Cited by35 opinions
- Washington Investment Ass'n v. StanleyOregon Supreme Court · 1901
- Magee v. VerityMissouri Court of Appeals · 1903
- McDonnell v. De Soto Savings & Building Ass'nSupreme Court of Missouri · 1903
- State v. SargentMissouri Court of Appeals · 1953
- People's Building & Loan Ass'n v. McPhilamyMississippi Supreme Court · 1902
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