Wetterow v. White

TAYLOR, Justice.

The plaintiffs (appellants) brought this action on November 1, 1948, seeking rescission of a contract, return of payments made, and damages. They allege that on the 17th day of July, 1948, they entered into a written contract to purchase from the defendants White, the fixtures, equipment, merchandise, good will, and business known *374as the Kendrick Beer Tavern and Cafe, located at Kendrick, Idaho. The purchase price was $18,000. Plaintiffs took possession July 18th, and paid $6500 cash thereon and paid two monthly installments of $200 each, September 1st and October 1st, 1948,…