Garrett v. Perry

Plaintiff recovered a judgment for damages in the amount of $200,400 for fraud in inducing him to buy a ranch, and defendant appeals.

The ranch, located in Modoc County, consisted of three separate parcels and had been owned by defendant and his wife since 1930. In 1951 plaintiff bought the property for $700,000, of which $100,000 was in cash and $600,000 in plaintiff’s notes payable in installments and secured by three deeds of trust, one on each of the parcels.

Prior to the sale defendant represented to plaintiff that cattle could be kept on the ranch without winter feeding, that in 1950,…