Woodtek, Inc. v. Musulin

Plaintiff, an Oregon corporation, brought this suit seeking rescission of a contract to purchase a lumber mill business from defendants Matt and Mike Musulin, who are father and son. Plaintiff alleged that defendants had materially misrepresented the financial condition of the business. From a decree dismissing the suit, plaintiff appeals. (1)

In April, 1969, defendant Matt Mnsnlin began construction of a stud mill in Prineville, Oregon, under the name of Mnsnlin Studs, Inc. The name was changed in July, 1969, to Musulin Forest Products, Inc., and is hereinafter referred to as Musulin, Inc.…