Feingold v. McDonald Mortgage & Realty Co.

145 S.E. 90, 166 Ga. 838, 1928 Ga. LEXIS 415
CourtSupreme Court of Georgia
DecidedAugust 21, 1928
DocketNo. 6290
StatusPublished
Cited by18 cases

This text of 145 S.E. 90 (Feingold v. McDonald Mortgage & Realty Co.) is published on Counsel Stack Legal Research, covering Supreme Court of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Feingold v. McDonald Mortgage & Realty Co., 145 S.E. 90, 166 Ga. 838, 1928 Ga. LEXIS 415 (Ga. 1928).

Opinion

Russell, C. J.

According to the allegations of the petition, P. Feingold received from the defendant a deed to lot 9 in block 8 of Biltmore Park, a subdivision of Lakeland, Florida, according to plat of said subdivision recorded in plat book 8, page 41, of the record of Polk County, Florida, which purported to evidence a transaction by which the petitioner purchased the lot described as above. The petitioner alleged that in the negotiations which resulted in his purchasing the property he was shown, and agreed to purchase, a different lot from that described in his deed; and he was shown by one Yetter, an agent of the defendant, the lot in the Biltmore Park subdivision which was adjacent to a large two-story residence building costing at least $25,000. The lot which was the subject-matter of their conversation and discussion was the vacant lot next to this stucco dwelling, but the petitioner, a stranger in Lakeland, is unable to give the exact location and direction, the vacant lot not being numbered or having any lines or stakes to evidence its size or identity. Yetter represented that this lot had a frontage of 105 feet and extended back the same width [839]*839a distance of-feet; that it was the only unsold lot in the Biltmore Park subdivision; that it had a market value of at least $5000; that the lot adjoining on which the two-story dwelling was erected had sold for $7000; that in view of the fact that this was the only remaining lot the company would sell it for $3300, and if petitioner would purchase it Yetter would sell it for him in less than six months for $5000. Petitioner was unfamiliar with all of these elements. He purchased the particular vacant lot adjoining said two-story residence; and but for these representations falsely and fraudulently made with the intention and design to induce him to purchase, he would not have made the purchase. The statements made by the agent were knowingly false, but petitioner had no means of investigating to determine their falsity, and explained to Yetter that he would not buy the lot except on such representations; Yetter again assuring him that these were true, and petitioner could make no mistake but would make a nice profit if he made the purchase. Petitioner paid approximately $800 cash, received a deed to lot number 9 in block 8 of the Biltmore Park subdivision, and executed back to the defendant five purchase-money notes in the sum of $495 each, payable one, two, three, four, and five years after date. By amendment to the petition copy of the deed was attached, from which it appears that it was executed and delivered on June 12, 1925. The first note became due June 12, 1926, and petitioner paid the interest on it and secured an extension. On August 23, 1927, the McDonald Mortgage and Bealty Company filed suit in the city court of Albany on the two notes payable June 12, 1926, and June 12, 1927. The present petition is brought to restrain the proceeding of the suit in the city court of Albany, to rescind the contract of sale and purchase, and to restore the parties to their former rights; petitioner alleging that he stands ready to return to the McDonald Company the deed to lot number 9 in block 8, as he offered to do on August 11, 1927, which offer was refused by the defendant on August 18, 1927.

The defendant demurred generally and specially upon several grounds, and the plaintiff amended in certain respects, especially by attaching a plat of the block in the Biltmore Park subdivision containing lot number 9 as above described in the deed accepted by the petitioner, from which it appears that the map of ¿this subdivision was recorded in plat book 8, page 41, of the public records [840]*840of Polk County, Florida, June 26, 1925. TJpon an interlocutory hearing the judge sustained the demurrers and dismissed the petition, and exception was taken to that judgment.

We are of the opinion that the court correctly dismissed the petition. It is not necessary to refer to all of the reasons which may have influenced the lower court; for reference to one or two principles which are apparent from a reading of the petition suffices to show that the court did not err. Whatever may be the decisions in other jurisdictions, it is well settled in Georgia that equity will grant no relief in favor of one who buys land, when he fails to exercise any diligence for his protection, and asserts that he blindly relied on the representations of the seller as to matters of which he could have informed himself. “A false statement is not fraud when there is no reason why the statement should be believed and acted upon.” Buyers of land are sometimes excused from the effect of a writing when it is signed under stress of an emergency; but there is not a statement in the petition in the instant case to suggest any pressing need for haste, except the plaintiff’s anxiety to grasp what he believed to be a great opportunity to make money which might be snatched from him if he delayed only long enough to investigate and ascertain the truth with reference to the transaction. So it can not be said that the purchase originated in fraud so much as in the carelessness of the purchaser to exercise ordinary care for his own interest. The effort of the purchaser is to substitute parol evidence as to the purchase of the lot next to the $25,000 stucco house for the writing or deed which he accepted as the conclusion of the negotiations, and by which he in fact purchased an entirely different lot in a different block. “An entirely different contract from that evidenced by a writing can not be pleaded or proved by parol as a substitute for that embodied in such writing.” Branan v. Warfield, 3 Ga. App. 586 (60 S. E. 325). As said by Mr. Chief Justice Warner in Bosiwiclc v. Duncan, 60 Ga. 383, 387, “If the defendant chose to believe that person, whoever he was, as to what the note contained, without reading it, he has no one to blame but himself, if in fact that person did make any representations as to the contents of the note at the time he presented it to the defendant for his signature. It is not the duty ,or business of the courts to relieve parties from their gross negligence in making their contracts. Besides, in these days of hard [841]*841swearing, when every man is a competent witness to swear for him•self in his own case, the rule that parol evidence is not admissible to vary or contradict written contracts should not be relaxed.” Well-nigh innumerable Georgia decisions might be cited to the same effect. There is no difference between the rule regarding the binding force of the recitals of the deed accepted by the petitioner in this case (and by him held without complaint for more than two years) and the rule which would apply had the petitioner himself executed that instrument.

As said by Judge McCay in Cheney v. Rodgers, 54 Ga. 168, 170, “It is a well-settled rule that a party is charged with notice of recitals in any deed under which he claims title: Jumel v. Jumel, 7 Paige R., 591; Harris v. Fly, 7 Paige, 421; Moore v. Bennet, 2 Chan. Cas., 246; Walker’s Chancery R. (Michigan) 463.” Judge Bleckley in Rosser v. Cheney, 61 Ga. 468, 470, said: “The first purchaser and those claiming under him stand charged in law with notice of the recitals in the deed from Russell to Cheney and wife. That deed forms a link in the chain of their title, and this court has held that its recitals affect them, whether they have examined it or not. They might and ought to have examined it, and are in the same situation as if they had examined it. Notice is not synonymous with knowledge, but has a much broader signification.

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Bluebook (online)
145 S.E. 90, 166 Ga. 838, 1928 Ga. LEXIS 415, Counsel Stack Legal Research, https://law.counselstack.com/opinion/feingold-v-mcdonald-mortgage-realty-co-ga-1928.