Shirreffs v. Alta Canyada Corp.

Plaintiffs instituted this action for the purpose of rescinding a contract which they had made with the defendant, Alta Canyada Corporation, whereby they agreed to purchase from said corporation a parcel of land in Los Angeles County. In addition plaintiffs sought to recover the amount paid by them under the contract together with interest thereon. From a judgment in favor of plaintiffs decreeing rescission of the contract and permitting recovery of the purchase price with interest, the defendant Alta Canyada Corporation has appealed.

The ground upon which rescission was granted was that prior…