Cords
Cords v. Goodwin
Opinion
Lead Opinion
Conrey, J.
The object of this action was to cancel a certain agreement relating to the satisfaction of a mortgage, to reform a release of the mortgage executed in pursuance of said agreement, and thereupon to foreclose said mortgage. The ground on which the relief was asked was that the agreement and release were given in consequence of a mutual mistake of "the parties. The present appeal is from a judgment of nonsuit. The respondents have not appeared herein.
The principal facts of the case are stated in the decision of the supreme court on a former appeal. (Cords v. Goodwin, 173 Cal. 61 [ 159 Pac. 138 ].) The mortgage was given by defendant Goodwin to plaintiff’s assignor Tillman, to secure one-third of the purchase price of the mortgaged property, which was sold to the mortgagor at the price of $150 per acre, it being stated in the contract that the tract contained 797 acres of land. The mortgagor and the mortgagee afterward agreed that there was a shortage of 92.99 acres in the quantity of land of which the mortgagor had obtained possession. Thereupon they entered into an agreement under which the mortgagor paid that proportion of the debt which corresponded to the proportion of acreage…