I'ANSON V. GREENE 80/1937
The High Court found that the representations by the defendant regarding hurried sales and sales at less than cost were not satisfactorily established as fraudulent or material misrepresentations inducing the mortgage variation; there was insufficient proof that the plaintiff or his attorney relied upon such statements in agreeing to the mortgage reduction. Accordingly, the findings of fraud by the trial judge were set aside, and the suit for rescission failed.
- Parties
- Plaintiff: William Pomeroy Crawford Greene; Defendant: Leonard Nourse I'Anson
- Jurisdiction
- Australia
- Judgment Date
- 23 November 1937
- Procedural Posture
- Appeal / High Court Appeal From Decree of Supreme Court
- Outcome
- Appeal allowed; cross-appeal dismissed.
- Legal Topics
- Fraudulent Misrepresentation, Mortgage Variation, Rescission, Inducement, Mortgage Law, Fraud in Equity
Case Brief
Summary, issues, holding and outcome
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Parties
William Pomeroy Crawford Greene
Plaintiff
Leonard Nourse I'Anson
Defendant
Procedural Posture
Appeal / High Court Appeal From Decree of Supreme Court
Legal Issues
- 1 Whether the instrument varying the mortgage should be rescinded for fraudulent misrepresentation by the defendant
- 2 Whether any misrepresentation found was material and relied upon by the plaintiff or his attorney
- 3 Whether the findings of the trial judge as to fraud and inducement should be upheld
Ratio Decidendi
The High Court found that the representations by the defendant regarding hurried sales and sales at less than cost were not satisfactorily established as fraudulent or material misrepresentations inducing the mortgage variation; there was insufficient proof that the plaintiff or his attorney relied upon such statements in agreeing to the mortgage reduction. Accordingly, the findings of fraud by the trial judge were set aside, and the suit for rescission failed.
Court Disposition
Appeal allowed; cross-appeal dismissed.
Orders
- Decree of Supreme Court discharged.
- Suit dismissed with costs.
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