Rhyne v. Gammil

Pursuant to prior negotiations, appellants purchased from appellee the business known as The Major Chemical Company. Upon the ground that the financial condition of the business was not as had been represented, appellants filed their bill praying in the alternative for rescission, reformation or for a money decree based upon the difference between the amount of accounts payable as represented and as later disclosed. At the close of complainants ’ testimony, a motion to exclude the evidence was granted and the bill dismissed. Prom this decree the appeal is taken.

(Hn 1) We therefore take the…