Achenbach v. Mears

Plaintiffs filed a bill to rescind a trade based upon a written contract, or alternatively, in case rescission was impossible, to recover damages for fraud.

Plaintiffs owned a farm in Allegan county, valued at $7,500, subject to an outstanding incumbrance of $2,300. October 5, 1933, they traded this farm with defendants Mears for a store in Fulton, Kalamazoo county, and gave back a chattel mortgage on the store building and fixtures in the sum of $2,300. Plaintiffs allege they were defrauded:

1. As to the quality of the goods traded by defendants Mears to them;

2. As to the value of the stock of…