Spencer v. King

3 Ohio N.P. 270

This text of 3 Ohio N.P. 270 (Spencer v. King) is published on Counsel Stack Legal Research, covering Court of Common Pleas of Ohio, Franklin County, Civil Division primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Spencer v. King, 3 Ohio N.P. 270 (Ohio Super. Ct. 1896).

Opinion

Charge to The Jury.

Gentlemen of the jury: The plaintiff complains that she has sustained damages by reason of deceit and fraud practiced upon her by defendant. Deceit, or fraud, in business transactions consists in fraudulent representations or contrivances by which one person deceived another who has a right to rely upon such representations, or has no means of detecting such fraud.

It is the law that fraud vitiates every contract. There is no exception to this rule. When fraud is proven to have promoted the making of a contract, it is void, and cannot be enforced.

Fraud taints every transaction which is the result of it.

But fraudulent representations in the sale of property will not, in themselves, always constitute deceit which will be the subject of an action for damages.

In cases like this, where the parties deal with each other on a footing of equality, there must be some existing circumstances, or some means used, calculated to prevent the detection of falsehood or fraud, and impose upon a purchaser of ordinary itelligence, prudence and circumspection. If a purchaser has full opportunity of examining the property, and can easily and readily ascertain its quality and value by inspection, and he neglects to do so, then any injury which he may sustain by such negligence is the result of his own folly, and he can have no relief at law ; unless the representation was of such a character as to mislead a prudent person or put him off his guard.

The law wisely and justly presumes, in such a case, that a purchaser will take care of his own interests, and that, when he distrusts himself, his own judgment and shrewdness, he will protect himself from imposition.

When the purchaser has a full opportunity of inspecting the property ana fails to do so, and the representation was not such as should have misled him, he has no right to complain, if the property sold does not measure up to the representation of the seller.

It is well known that, in the course of trade, sellers will speak in terms of high commendation of the property which they offer for sale.

Such “dealing tain” is not deemed, in law,as fraudulent, unless accompanied with some artifice calculated to deceive the purchaser and throw him off his guard,or some concealment of intrinsic defects not easily discoverable by reasonable diligence and care.

The plaintiff and her brother exchanged some real estate situated in this city with the defendant for notes owned by him. Part of the real estate consisted of a house and lot, which was wholly owned by the plaintiff, or almost so. I believe the testimony shows that the brother had a small interest in it. The value of the house and lot was somewhere between five thousand and six thousand dollars. The notes aggregated 87,500.00. A note for 81,000.00 was also given to the defendant, first by the brother; but afterwards it was signed by the plaintiff.

This transaction was, in law,a sale of the notes by the defendant to the plaintiff.

These notes were secured by a mortgage on three thousand acres of land situated in the state of Illinois.

They have been described by the testi mony.

The immediate ground work of the plaintiff’s action is the claim and charge that the defendant falsely and fraudulently represented to her and to her agent, her brother, that the notes were well secured on lands which was worth 815.00 per acre.

It is further charged that the land was not worth that amount; that it was not worth enough to make sufficient security for the notes, and that the title to the land was so involved in dispute as to make the land practically worthless.

It is not- controverted that most of the negotiation which led to these sales and exchange of property were chiefly conducted, on the part of the plaintiff, by her brother as her agent. She only claims that she had one conversation with the defendant.

In law all that her agent, Leroy Spencer, did and said in the course of his agency, while he was acting as her agent, and within the scope of this agency, is just as binding upon her as if she had been the authoress of those acts and declarations.

Any notice and knowledge which he possessed, was her notice and knowledge ; any imprudence or mistake or neglect which he committed, was, in the eye of the law, her imprudence, mistake and negligence.

[271]*271You have observed from my statement ■that the defendant is charged with having made two false representations. First, that the notes were well secured by a mortgage n land ; second, that the land was worth SI5.00 per acre.

Putting aside for the present, any rule of law that is specially applicable to those complaints, or either of them, you are instructed, that to entitle the plaintiff to recover, she must, by a preponderance of the evidence, have proved: 1. That the representations, or one of them, were made. 2. That both or one of them, were false. 3. That the defendant knew, at the time they were made, that they were false. 4. That she and her agent were then ignorant of their falsity, fi. That she relied upon those representations, or one of them, in making the purchase of the notes and in selling her .property. 6. That she was justified in relying upon them, and — 7. That she was pec-uniarly injured by her conduct which was induced by those representations, or one of ’them.

If all of these propositions of fact have not been proved by a preponderance of the •evidence, the defendant is entitled to your verdict.

If the defondant made the representation that the notes were well secured on land, that meant that the land would sell for enough to pay the notes, if the mortgage should have to be foreclosed.

That was what the plaintiff was entitled to, if such a representation was made by the •defendant.

It is claimed that the notes were not well ■secured, because the title to the land was ■not good.

It was conveyed by a mortgage and trust ■deed to one Seymour, which were executed to secure certain bonds, called railroad bonds.

The mortgage was foreclosed by a decree ■of the Circuit Court of the United States for the southern district of Illinois; the land was sold, under that decree, and purchased by the bondholders.

The evidence does not disclose that the' ■apparent title of those purchasers has ever been annulled by any court.

After that suit for foreclosure was brought, 'Wayne county sold the land to the Illinois South Eastern R. R. Co.

It was this title which was held by G. D. Martin when he executed the mortgage that •secured these notes to the plaintiff.

But the Supreme Court of Illinois has decided that the decree of foreclosure of the United States court was a nullity as to those who purchased the land of Wayne county and who were not parties to the foreclosure •suit, although they purchased after the suit was brought, and even after the foreclosure.

That court also decided that Wayne county was not legally authorized to mortgage the land to Seymour, because the condition upon which the county might aid in theeonstruc■tion of the railroad for whose benefit the (mortgage and trust deed were executed did not then exist; and therefore they were void.

This decision was introduced in evidence.

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Bluebook (online)
3 Ohio N.P. 270, Counsel Stack Legal Research, https://law.counselstack.com/opinion/spencer-v-king-ohctcomplfrankl-1896.