72 Mo. 144 | Mo. | 1880
On the 11th day of April, 1868, the defendant purchased a tract of land from one Cowan for $4,000, $2,000 of which he paid in cash, and for the balance executed two notes for $1,000 each, payable respectively in one and three years, and received from said Cowan a bond for title. The note first due was paid at maturity. Before maturity of the remaining note, Cowan made a general assignment of all his property, for the benefit of his creditors, to the plaintiff'. On the 17th day of August, 1871, the defendant tendered to the. plaintiff, as assignee,
Conceding that the tender made stopped the running of interest, the defendant is not entitled, ou the facts stated, to the relief sought. It is unnecessary to cite authorities in support of the proposition that mere ignorance of the law on the part of a party to a contract will not authorize a court of equity to set aside the contract. There must be something more. The circumstances, attending the making of the contract must be such as to excite “ suspicions of fraud, imposition, misrepresentation or undue influence on one side, and imbecility, credulity or blind confidence on the other.” Faust’s Admr. v. Birner, 30 Mo. 414 ; Griffith v. Townley, 69 Mo. 13. In the present case it ap