Foster v. Knutson

— The Superior Court, in a non jury trial, awarded judgment in favor of Myron and Earl Foster and Janet Conrad, appellants, for $15,703.35 against Ronald and Jack Knutson and their wives, respondents and cross-appellants.

Appellants claim they are entitled to a deficiency judgment for approximately $115,000 and to foreclose on mortgages given as security after respondents defaulted on a contract to purchase corporate stock. Respondents/cross- appellants claim' damáges for wrongful rescission of the contract and further ask for refund of all sums paid under the contract of purchase.. We reverse…