Kefuss v. Whitley

The story of the transaction may be thus told: Mr. Kefuss was a resident of and had spent his lifetime in business in a small city, some considerable distance from Detroit. Through his relative, Mr. Cook, he had made some fortunate investments in Detroit real estate. While in Cook’s *76office on business connected therewith, McDonald appears and reveals to him how he may secure a profit of $100,000 on an investment of approximately $25,000. He prepared and delivered to him Exhibit 1, which reads as follows: ,

“EXHIBIT l.

“80 acres at $900 .............................$72,000

“Approx. $25,000 easA…