Bikakis v. North American Hotel Co.

190 Iowa 1167
CourtSupreme Court of Iowa
DecidedFebruary 16, 1921
StatusPublished

This text of 190 Iowa 1167 (Bikakis v. North American Hotel Co.) is published on Counsel Stack Legal Research, covering Supreme Court of Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Bikakis v. North American Hotel Co., 190 Iowa 1167 (iowa 1921).

Opinion

Evans, C. J.

[1168]*11681 evidence • affecting •writings. 2 Sales * ' rescission without status quo. [1167]*1167— The plaintiff is a citizen of foreign birth, and somewhat unfamiliar with the English language. He pur[1168]*1168chased through a promoting agent eight shares of stock of the defendant corporation, and paid $800 therefor, The evifience in his behalf tends to show that he was induced to buy through false pretenses . and fraudulent representations. In view of this evidence, the state of the plaintiff’s pleadings is quite inexplicable. He predicated his petition, not upon fraud, but upon an alleged oral agreement for a rescission of his subscription and the return of his money. Though the evidence tends to show such oral agreement in abundant repetition, it also shows that the final contract of subscription was put in writing, and that the inducing oral agreements were excluded therefrom. If this handicap were overcome, and if the oral agreement were deemed available to the plaintiff, it still appears that he never returned the stock or offered to return the same, gj^er before suit or in his pleading. His case is presented here on appeal on the theory that this is an action for damages for false representation. It probably ought to have been such, but we find no allegation in the petition which has in it .a suggestion of fraud or falsity of representation. The gist of his action is that he has elected, pursuant to the oral agreement, to resell his stock, and he prays to recover the $800 paid, with interest at 6 per cent.

However much we may be impressed with the possible merits of the case which plaintiff might have presented, we are bound, for the purpose of this review, by his petition. The trial court having found against him, we cannot ignore the petition in order to reverse the judgment. The judgment below is, therefore,— Affirmed.

Stevens, Arthur, and Faville, JJ., concur.

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Bluebook (online)
190 Iowa 1167, Counsel Stack Legal Research, https://law.counselstack.com/opinion/bikakis-v-north-american-hotel-co-iowa-1921.