74 Iowa 400 | Iowa | 1888
I. The petition alleges that plaintiff purchased of defendant a tract of land, paying therefor twenty-five hundred and twenty dollars ; that defendant falsely and fraudulently represented to plaintiff that the tract contained eighty-four acres of land, and that plaintiff relied upon such statement, and was induced thereby to purchase and pay for the land. It is further alleged that it contained no more than seventy-five and seventy-nine one-hundredths acres; that it would have been reasonably worth the sum paid by plaintiff, had it contained eighty-four acres, but that the land was worth no more than twenty-two hundred and sixty dollars. Plaintiff claims to recover two hundred and sixty-five dollars damages. Defendant admits the allegations of the petition as to the contract for and sale of the land, but denies all other allegations.
III. The circuit court gave instructions to the jury in the following language, which are complained of by defendant’s counsel.
Counsel concede that if the eleventh instruction were applicable to the issues raised in the case it would be correct, being unobjectionable as an abstract proposition of law. But they insist that it does not accord with the petition. We' think differently. The petition, as will have been observed by attention to our statement of its allegations, shows the price agreed to be paid for the land, which was thirty dollars per acre ; that it was represented to contain eighty-four acres. The instruction directs that plaintiff’s measure of damages is the difference of the value of the land as it was represented and the real value according to its true number of acres. The twelfth instruction directs the jury that the price agreed upon is to be taken as the value of the eighty-four acres of land. This is correct. When parties, by solemn agreement, fix a value to property, they are bound by it. The law will not, in a case of this kind, permit either party to dispute the value as settled by them. The instruction directs that the value of the land as it is found, considering its real quantity, is to be deducted from the value as settled by the agreement of the parties, and the difference will be plaintiff’s damages. This rule is just, as it gives plaintiff compensation, and nothing more. See Hallam v. Todhunter, 24 Iowa, 166. The instructions, we think, are correct, and are applicable to the case made by the petition and to the evidence. These considerations dispose of all questions in the case. •
It is our opinion that the judgment of the circuit court ought to be Aefiemed.