Mattern

Mattern v. Alderson

Good Law
18 Cal. App. 590·1912 Cal. App. LEXIS 403·123 P. 972
Court of Appeal of CaliforniaMarch 29, 1912Civ. No. 1078.California896 words

Opinion

Lead Opinion

James, J.

Action to enforce rescission of a contract for an exchange of real property predicated upon alleged fraudulent representations made by defendants. In February, 1907, plaintiff was the owner of a half section of land in the county of San Bernardino of the alleged value of $8,000. AT Person was a real estate agent and offered to secure for plaintiff in exchange for her property certain lots of land at Vineland in Los Angeles county. The exchange of properties was finally consummated, the plaintiff receiving, in addition to the Vine-land lots, thirty-seven shares of the capital stock of a corporation called the Toledo, Columbus and Cincinnati Railway Company. In her complaint she alleged that Alderson and Anderson had conspired together to cheat and defraud her, and that they had represented that the Vineland lots were of the value of $6,125, less an encumbrance of $1,825, then a lien thereon, and that the shares of stock were reasonably worth the sum of $3,700. She alleged, further, that the stock was valueless, and that the real property received by her as a part of the consideration for the exchange was not worth in excess of $1,825, that being the amount of the encumbrance…

Sign in to read the full opinion

Create a free account to read the complete opinion text, citation history, and good-law status for this case.