TAYLOR, Justice.
For clarity and simplicity the parties will be referred to by name.
The Perrys, husband and wife, owned the "Boulevard Motel" in Coeur d'Alene, Idaho. The property was encumbered by a first mortgage in the principal sum of nearly $10,000.00. The Perrys attempted to obtain a loan to pay off the mortgage and expand the motel. After several potential lenders had refused such a loan, Mr. Perry early in 1957 placed the following ad in a local newspaper...
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