Polich Trading Co. v. Billings Hudson Terraplane Co.

The Polich Trading Company of Roundup, Montana, brought suit against the Billings Hudson Terraplane Company of' Billings, Montana, asking for rescission of a contract and a return to it of the value of certain articles it had parted with under the contract. The District Court allowed the rescission and awarded the sum of $1,605.75 as the value of the articles.

The record discloses the following to be the facts upon which the controversy arose:

In the fall of 1934, M. T. Polich, who was manager and the-owner of the Polich Trading Company, entered into six separate contracts for the purchase of…