Hailpern v. Dryden

Pursuant to written contract J. Robert Dryden and his wife, Nancy Marie Dryden, on April 22, 1960, purchased a dry cleaning establishment known as Stanley’s Cleaners from Stanley Hailpern for $13,500, the Drydens making a down payment of $3,500 and executing a promissory note for the balance due under the contract.

On May 2, 1961, the Drydens brought an action against Hailpern seeking to rescind the aforementioned contract on the ground that “there was a mutual mistake between the parties,” the Drydens offering to return the dry cleaning business to Hailpern and seeking return of all monies…