Stephenson v. Atlas Coal Co.
This text of 41 So. 301 (Stephenson v. Atlas Coal Co.) is published on Counsel Stack Legal Research, covering Supreme Court of Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
The purpose of the bill filed in this case is the cancellation of an executed contract on the ground of a partial failure of consideration. No fraud is alleged. The cause was submitted on motion to dismiss the bill for want of equity, and was held for decree in vacation. A decree was rendered in vacation sustaining the motion and dismissing the bill for want of equity. From this decree the present appeal is prosecuted.
Mere inadequacy of consideration is not sufficient to authorize the cancellation of a contract. — 3 Pom. Eq. Ju. 826-928. Nor will mistake in law or partial failure of consideration, in the absence of fraud, authorize the cancellation of a contract. — Bell v. Lawrence’s Adm’r, 51 Ala. 160; Ex parte Hayes, 92 Ala. 120, 9 South. 156; [434]*434Stacy v. Walker, 125 Ala. 291, 28 South. 89, 82 Am. St. Rep. 235. The rule is well established in this court that, on a motion to dismiss a bill for want of equity, the bill must be taken and considered as amended in all amendable defects. This, however, is not to be understood that the bill is to be considered as amended so as to give it equity by the averment or averments of new, additional, or independent facts, but only as to amendable defects apparent on the face of the bill from the averments therein contained. — Blackburn v. Fitzgerald, 130 Ala. 584, 30 South. 568. - The plain sense of the rule in taking the bill as amended in all amendable defects on a motion to dismiss for want of equity leaves no room for argument or reason for granting time for amendment of the bill after decree on motion to dismiss for want of equity.
The decree dismissing the bill for want of equity is free from error.
Affirmed.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Cite This Page — Counsel Stack
41 So. 301, 147 Ala. 432, 1906 Ala. LEXIS 181, Counsel Stack Legal Research, https://law.counselstack.com/opinion/stephenson-v-atlas-coal-co-ala-1906.