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WILLIAMS v. BROWN

No. 5-3935.

403 S.W.2d 89 (1966)

Ernest WILLIAMS et ux., Appellants, v. Willard BROWN et ux., Appellees.

Supreme Court of Arkansas.

May 30, 1966.

Attorney(s) appearing for the Case

Gean, Gean & Gean, Fort Smith, for appellants.

Owen C. Pearce and Donald P. Callaway, Fort Smith, for appellees.

GEORGE ROSE SMITH, Justice.

On March 31, 1964, the appellees, Willard and Mattie Brown, sold a chicken farm to the appellants, Ernest and Flora Williams, who assumed an existing mortgage and gave a second mortgage to secure the rest of the unpaid purchase price. In this suit to foreclose the second mortgage the purchasers sought rescission on the ground that Brown induced them to buy the property by falsely representing that his income from it had been about $10,000...

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