Sharkey v. Burlingame Co.

This is a suit in equity to rescind two contracts for the purchase of two lots in the city of Portland and to recover $362.50 paid thereon. The stipulated price of the two lots was $775 and $675, respectively, of which plaintiff paid at the time of entering into the contracts the sums of $193.75 and $168.75. The balance of the purchase price, with interest, was, by the terms of the contracts, made payable in stated monthly instalments.

The grounds upon which the alleged right to rescission is based, as alleged in the complaint, are that plaintiff was induced to enter into the contracts and to…