Leaman v. Wise

— This is an action in equity, to rescind a contract by the terms of which appellee agreed to, and later did, convey certain real estate in Iowa Falls to appellant in exchange for 400 shares of the capital stock of the Dart Truck & Tractor Corporation of Waterloo, Iowa, and to set aside and cancel the deed executed in pursuance of the said contract, and for an accounting of rents and profits. Fraud in the original transaction, consisting of certain alleged fraudulent misrepresentations as to the value and character of the stock, is alleged as a ground for the relief sought.

Appellant is an…