J. E. Pinkham Lumber Co. v. Woodland State Bank

Pursuant to a contract consummated on July 2, 1927, the Woodland State Bank sold to the J. E. Pinkham Lumber Company certain timber lands. In this action the- lumber company seeks to rescind the sale and recover the purchase price paid for the lands on the ground that it was induced by fraud practiced upon it to pay an excessive price for the property. It made parties defendant to the action, in addition to the bank, E. E. Dale and George E. Noble. The trial court awarded to the lumber company the relief sought as against the bank and Dale, and dismissed the action as to Noble. The bank and…