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WOODTEK, INC. v. MUSULIN

503 P.2d 677 (1972)

WOODTEK, INC., an Oregon Corporation, Appellant, v. Matt M. MUSULIN and Mike S. Musulin, Respondents.

Supreme Court of Oregon.

Decided November 30, 1972.

Attorney(s) appearing for the Case

John R. Bakkensen, Portland, argued the cause for appellant. With him on the briefs were Fredric A. Yerke, J. David Petersen, and Miller, Anderson, Nash, Yerke & Wiener, Portland.

William A. Palmer, Portland, argued the cause for respondents. With him on the brief were Eugene E. Feltz, and Casey, Palmer & Feltz, Portland.

Before O'CONNELL, C.J., and McALLISTER, HOLMAN, TONGUE, HOWELL and BRYSON, JJ.

BRYSON, Justice.

Plaintiff, an Oregon corporation, brought this suit seeking rescission of a contract to purchase a lumber mill business from defendants Matt and Mike Musulin, who are father and son. Plaintiff alleged that defendants had materially misrepresented the financial condition of the business. From a decree dismissing the suit, plaintiff appeals.1

In April, 1969, defendant Matt Musulin began construction of a stud mill...

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