Petersen v. Ochs
This text of 40 Iowa 530 (Petersen v. Ochs) 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.
Opinion
The petition, for a cause of action, alleges in the first count that defendants represented themselves to plaintiff as the agents of the Iowa Railroad Land Company, which owned certain lands in Crawford county, that these lands, consisting of 1,300 acres, were held by the owner for sale and the lowest price for which they would be sold was .$7 per acre, which was the fair value thereof, that the terms of sale were $1,400 cash, $1,000 in one month, and the balance in installments; that defendants were authorized to sell the lands at that price and no less, and bind the company owning them by a contract and sale, and that plaintiff, relying upon the statements of defendants, and believing • the same to be true, [531]*531entered into a contract for tbe purchase of the lands with defendants as agent of the company, and made the cash payments required by the terms above stated. It is further averred that these representations were false, and so known by defendants; that the prices the land company had fixed upon the lands, and at which they were offered for sale were $5 and $6 per acre, and that defendants purchased the lands of the owner at the prices last named, and took the contract in the name of one of their number, and assigned and delivered the same to plaintiff before he had any' knowledge of the frauds charged in the petition. The petition also sets up in a second count a verbal agreement wherein defendants undertook to pay plaintiff the sum of $1,400, being the difference between the price of the land as fixed by the company and that at which it was sold to plaintiff. •
The defendants deny the allegations of the petition, and plead a settlement of the matters involved in the action, and a discharge thereby.
I. There was evidence tending to support the allegations of the first count and to prove that the land purchased by
The instruction last quoted modifies the other one, so that the law as given to the j ury by the court does not authorize recovery by plaintiff, if he had personal knowledge of the value of the [532]*532land. The correctness of these instructions is not brought in question upon this appeal. We are not required to examine them with a view to determine their soundness. Under these instructions there was no evidence which authorized the jury to find for plaintiff. It is an undisputed fact that the plaintiff did visit and personally examine the land. The jury were therefore required to find under the instruction that he bought the land upon his own judgment as to value, and therefore was not entitled to recover. The finding for plaintiff upon the first count of the petition is in conflict with the evidence, and cannot be supjjorted.
II. As has been stated above, the second count is based upon an oral contract of settlement. The plaintiff was p>er-
Other questions involved in the case need not be considered, as, for the errors pointed out, the judgment must be
REVERSED.
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40 Iowa 530, Counsel Stack Legal Research, https://law.counselstack.com/opinion/petersen-v-ochs-iowa-1875.