[DOWNLOAD] "Nowicki v. Podgorski" by Supreme Court of Michigan # Book PDF Kindle ePub Free
eBook details
- Title: Nowicki v. Podgorski
- Author : Supreme Court of Michigan
- Release Date : January 25, 1960
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 59 KB
Description
Case by Angeline Nowicki against Walter Podgorski and Sophie Podgorski for damages arising from fraud, misrepresentation,
and breach of agreement on sale of grocery and meat business and store property. Verdict and judgment for plaintiff. Defendants
appeal. Affirmed. CARR, J. This is an action for damages for fraud and misrepresentation allegedly inducing plaintiff to purchase from defendants
certain real and personal property. In February, 1954, defendants owned and operated a grocery and meat business located at
13291 Buffalo avenue in the city of Detroit. Plaintiff wished to enter the grocery business, and defendants were willing to
sell. Following negotiations between the parties an agreement was entered into under date of February 15, 1954, by the terms
of which defendants agreed to sell and plaintiff agreed to purchase the said grocery business, together with the real estate
and furnishings, fixtures, equipment, and inventory. The agreed purchase price, excluding the inventory for which plaintiff
undertook to pay on the basis of cost to defendants, was the sum of $20,700 with $1,000 payable on the execution of the memorandum
of agreement and the further sum of $6,000 upon execution of a land contract and a bill of sale, with the balance payable
at the rate of $127 per month, with interest. It was further stipulated that the sum of $1,000 should be paid within 90 days
from the date of the proposed land contract.