142 Iowa 682 | Iowa | 1909
The averments of the petition are, in substance: That in December, 1907, the plaintiff sold to one O. E. Scott certain hogs and two horses for an aggregate consideration of $437.25. “That on said date the said O. E. Scott executed and delivered 'to the plaintiff, as evidence and as security for said indebtedness, his one certain promissory note in writing, with Henry Khinehart as surety, in words and figures as follows:” [A copy of a
It will be noted that the petition does not allege that either Scott dr Ehinehart was insolvent at the time of the purchase of the property; nor does it allege any fact from which fraud, " either actual or constructive, may be implied, nor any fact which created a reservation to the plaintiff of any right in the property sold, or of any lien thereon, nor any fact which could confer upon the plaintiff the right of rescinding the contract and reclaiming his property. The averments of the petition do show that the plaintiff sold his property and parted with title thereto absolutely, and that no element of fraud, accident, mistake or bad faith entered into the transaction. It is clear, therefore, that he had no lien upon the property. This finding necessarily disposes of the contention that he had a lien upon the proceeds.
The trial court properly sustained the demurrer, and its judgment is affirmed.