55 P.2d 1300 | Idaho | 1936
Respondent Walker sold certain real property to appellant, respondent, Mrs. Towne, releasing her second mortgage on the property for a certain consideration, appellant assuming and agreeing to pay a first mortgage due the Federal Land Bank. Thereafter appellant brought this suit to recover $699.50, one year's delinquent interest which he was compelled to pay on the first mortgage, on the ground that the respondents had falsely and fraudulently represented that there were no past due payments of interest, contrary to the true facts. A nonsuit was granted on *463
the theory that there was no allegation or proof that the land so purchased was not reasonably worth the full amount appellant paid plus the amount sued for herein; in other words, that there was no allegation that the property was of less value than the price paid, relying on Frank v. Davis,
Those cases and the rule announced are not applicable herein, because this action does not involve the value of the property but in effect an alleged misrepresentation as to the price to be paid. The rule as to the measure of damages in such a case is well settled in 27 C.J. 101, sec. 250, as follows:
". . . . Where in the sale of mortgaged property there is a false representation as to the amount of interest due and unpaid on the mortgage, damages are properly measured by the amount of unpaid interest which the purchaser is compelled to pay as a result of the fraud."
supported by the cases cited in note 80 of the text, and note in 26 A.L.R. at 534; note in 8 L.R.A., N.S., 804 at 810; 27 R. C. L. 385, sec. 87; note in 123 Am. St. at 788; Smith on The Law of Frauds, p. 322, sec. 299, note 48; Robbins v.Nelsen,
Appellant also assigns as error the insufficiency of the motions for nonsuit. Since the motions were improperly granted as indicated above, it is unnecessary to pass upon this point further than to call attention to the rule frequently mentioned in this court, that motions for nonsuit should specify wherein the evidence is insufficient. (Carver v. Ketchum,
Judgment reversed, and the cause remanded with instructions to the trial court to overrule the motions for nonsuit, and proceed with a retrial of the matter. Costs to appellant.
Holden and Ailshie, JJ., concur.
Budge, J., did not participate.
Morgan, J., deeming himself to be disqualified, did not sit with the court nor participate in the opinion. *465