Grim v. Byrd
Supreme Court of Virginia
This was a suit in equity in the circuit court of Rocking-ham county, brought by Samuel and George Grim against Mark Byrd, the object of which was to rescind a contract and set aside a deed bearing date February 1st, 1876, by which said Grims conveyed to Byrd a parcel of land and the mill thereon, called and known as “Craney Island Mills,” in consideration of twenty shares of the stock of he Rawley Springs Company.
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This was a suit in equity in the circuit court of Rocking-ham county, brought by Samuel and George Grim against Mark Byrd, the object of which was to rescind a contract and set aside a deed bearing date February 1st, 1876, by which said Grims conveyed to Byrd a parcel of land and the mill thereon, called and known as “Craney Island Mills,” in consideration of twenty shares of the stock of he Rawley Springs Company. The grounds on which the plaintiffs claimed a rescisión of the contract and a restoration of the property conveyed by them, was that at the time of the contract and conveyance the…
1Opinion of the CourtStaples, J.
The appellants, being the owners of property in the county of Rockingham, known as “ Craney Island Mills,” and the appellee, being the holder of twenty shares of stock in the Rawley Springs Company, entered into a negotiation which resulted in exchanging the mills property for the stock. And thereupon the appellee assigned to the appellants the certificate of stock, and the latter conveyed to the former the property by deed with proper covenants of warranty. This was in February, 1876. It was shortly afterwards ascertained that at the time of the exchange the Rawley Springs Company was…
2Cases cited1 opinion
- Crump v. United States Mining CompanySupreme Court of Virginia · 1851
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