Ferrell v. Wiswell

143 P. 582, 45 Utah 202, 1914 Utah LEXIS 78
Utah Supreme Court·Decided October 6, 1914·No. No. 2510·Published·Cited by 8 cases

Opinion

FRICK, J.

On the 17th day of March, 1906, the plaintiff, hereinafter called appellant, commenced this action in the District Court of Salt Lake County against the defendants Wiswell, Ball, Clark, and Onasch, hereinafter styled respondents, to set aside a deed whereby appellant conveyed a certain parcel of [203] land of about five acres, with a water right to the respondent Clark for the nse and benefit of himself, said Wiswell, Ball, and others, who were their associates. The deed was executed on the 25th day of September, 1905, and appellant alleged that it was obtained through misrepresentation, fraud, and deceit practiced on him by the respondents Wis-well, Ball, and Clark. It was also alleged that the respondent Onaseh had purchased said land from said Clark after the conveyance aforesaid, but with full knowledge of appellant’s rights in the premises. The respondents Wiswell, Ball, 'and Clark answered the complaint, denying the allegations of misrepresentation, fraud, and deceit, and the respondent Onaseh denied the same upon the ground of lack of information or knowledge sufficient to form a belief, and-claimed the land as an innocent purchaser, and asked that the title thereto be quieted in her. The case, for some reason not explained, remained pending in the district court without trial until the 15th day of September, 1912, when it was tried to the court without a jury. On the 24th day of October following the court made its findings of fact and conclusions of law in favor of the respondents, and entered judgment dismissing the complaint as against all of them, and also entered judgment quieting the title to the land in question as against the appellant in the respondent Onaseh. The court found both affirmatively and negatively upon every issue presented by the pleadings and raised by the evidence. In view that the findings are very long we' shall not set them forth here, nor could it subserve any practical purpose to do so. It must suffice to say that the court expressly found that no deceit, fraud, or misrepresentation of any kind was practiced by any one upon appellant in obtaining the deed in question, and that he executed the same voluntarily and for an adequate consideration. Appellant’s counsel, however, vigorously §ssail the findings and conclusions of law, and insist that the findings are contrary to and are not supported by the evidence, and that the conclusions of law and judgment are erroneous.

It appears from the evidence that the inducement and consideration for making the deed in question, in brief, are [204] as follows: Wiswell was the inventor of what is called a pulsatory concentrator which was considered to be an improvement in concentrating machinery used in separating and concentrating the minerals from the gangne matter in the crude ores. Mr. 'Wiswell had an application pending for a patent for said concentrator at the time, and a corporation was in contemplation which was to be organized by Wiswell, Ball, Clark, and others, including appellant. The corporation was to manufacture the concentrator, and perhaps also place it in use upon ores or mineral sands, as well as to sell rights to use and manufacture the concentrator. The parties aforesaid needed money to pay the expenses of incorporating and for the purpose of manufacturing and placing the invention upon the market, and appellant, for the purpose of obtaining money by selling said land, deeded the same to Clark for the consideration of $1,600, which was to be paid to him as follows: 4,000 shares of the capital stock of the proposed corporation when it should be incorporated, which stock was assumed to be worth twenty-five cents a share, $500, which was to be paid to one Neff who held a first mortgage for that amount on the land in question, and an additional $100 was to be paid to appellant in thirty days after the deed was executed. In addition to the foregoing he was also to receive fifty dollars a month as an employe of the proposed corporation for a period of one year. The foregoing terms and conditions were incorporated into a written contract, which was entered into between Wis-well, Ball, and Clark on the one hand, and appellant on the other, on the day the deed was executed, and in which contract the deed is mentioned. The land was thereafter sold for $1,400 by Clark to the respondent Onasch, and the mortgage was paid off and the other money was used by the company, but no part thereof was paid to appellant. It also appears from the record that in passing upon the evidence after the conclusion of the trial the District Judge made the following observation:

“I shall not undertake to discuss in detail the evidence in this ease, but after having carefully considered it, I am unable to reach a conclusion that the plaintiff has established [205] Ms case by a preponderance of the evidence. ■ I am impressed with the fact that he, like many others, and like the defendants themselves, was probably carried away by visions of great wealth from selling a patent right. It is not the first time that a credulous human nature has been caught in that pitfall. I have m> doubt that he actually executed the deed and acknowledged it and I am forced to the conclusion that he must have known what it was. * * * Clark, Wiswell, and Ferrell all alike were so infatuated with the prospects held out by the will-o’-the-wisp they were following that none of them acted with any judgment.”

Free access — add to your briefcase to read the full text and ask questions with AI

Ferrell v. Wiswell, 143 P. 582, 45 Utah 202, 1914 Utah LEXIS 78 (Utah 1914).

143 P. 582 (Ferrell v. Wiswell) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Jones v. Mackey Price
2020 UT 25 (Utah Supreme Court, 2020)
Pace v. Parrish
247 P.2d 273 (Utah Supreme Court, 1952)
Taylor v. Moore
51 P.2d 222 (Utah Supreme Court, 1935)
Greco v. Grako
39 P.2d 318 (Utah Supreme Court, 1934)
Hanson v. Mutual Finance Corp.
37 P.2d 782 (Utah Supreme Court, 1934)
Wasatch Livestock Loan Co. v. Lewis & Sharp
35 P.2d 835 (Utah Supreme Court, 1934)
Lane v. Peterson
251 P. 374 (Utah Supreme Court, 1926)