Johnson v. Cofer

This is a suit for the rescission of an executed agreement whereby the plaintiffs conveyed a parcel of real estate in the city of Portland to the defendant, and the defendant conveyed to the plaintiffs the furniture and equipment used in the operation of the Norris Hotel in Portland. The trial court granted the plaintiffs’ prayer for a rescission and the defendant has appealed.

The facts in this case disclose that the defendant is a licensed real estate dealer in the city of Portland and has been operating rooming house properties in that city for a considerable length of time. The defendant…