Gudmundson v. Commercial Bank & Trust Co.

Respondents, as plaintiffs, brought this action for rescission of a contract to purchase real estate and to recover damages, upon the theory that the contract had been procured by false and fraudulent representations upon which they relied. The cause was tried to the court, a reference was had for an accounting, and a judgment was entered, rescinding the contract and awarding a recovery against both defendants in the sum of $8,516.52, with interest and costs. From that judgment, the defendants have appealed. .

The record is voluminous and greatly involved. Every issue was sharply contested,…