198 Mass. 63 | Mass. | 1908
We agree with the plaintiff that by the true construction of the principal agreement between these parties the defendants agreed absolutely to manufacture three hundred vaults between the date of the execution of the agreement and the first day of January, 1904, and to pay the fixed royalty upon them. That is the exact language of the second clause of the agreement; and if there were any possible doubt that this was their meaning, it would be removed by the express stipulation of the third clause of the agreement that the defendants would pay this precise sum in the instalments and at the respective dates therein stated, and would also pay a like royalty upon any additional vaults that they might manufacture. The fact that by the fourth clause of the agreement it was only after January 1,1904, that the defendants were to render sworn statements and pay royalties semi-annually leads to the same conclusion.
The subsidiary agreement whereby moulds were leased and delivered by the plaintiff provided that the $75 named therein was to be paid in cash on the delivery of the moulds. This payment was to be made once for all, and was not to be affected by any subsequent cancellation of the agreement or return of the moulds.
•It is equally plain that each one of these agreements was made upon a valuable consideration. The stipulations of each party furnish a full consideration for those of the other. If the agreements were fairly and honestly made, they could not be avoided or rescinded by either party, except in accordance with their own terms.
It follows from what has been said that the judge rightly refused all but the second and third of the defendants’ requests for rulings. But we are of opinion that there was evidence tending to show that the defendants were induced to sign these agreements by fraudulent representations made by Lockwood; and so that this issue was for the jury. As to the weight of this evidence we of course express no opinion.
Exceptions sustained.