BINKHOLDER v. CARPENTER

No. 52568.

152 N.W.2d 593 (1967)

Forrest R. BINKHOLDER and Mary Ann Binkholder, Appellees, v. Yale T. CARPENTER and Glenna P. Carpenter, Appellants.

Supreme Court of Iowa.

August 31, 1967.


Attorney(s) appearing for the Case

Max R. Werling, Tipton, for appellants.

Casterline & Hamiel, Tipton, for appellees.


STUART, Justice.

This is an action in equity by the purchasers of a farm to rescind the real estate contract for mutual mistake and to recover their downpayment. There is substantial agreement on the facts. Defendants and their real estate agent believed and represented to plaintiffs that the 720 acre farm contained 450 acres of crop land and had a crop base for participation in ASC programs of 416 acres making possible a $10,000 payment under the 1964 government...

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