Slater v. Gribbel

Citations

• 41 Wash. 168
• 83 P. 19
• 1905 Wash. LEXIS 1087

Syllabus

<p>Equity — Claim to Equitable Interest In Purchase oe Land— Fraud oe Plaintiee — Reliee in Equity. No standing in a court of equity is shown by one who fraudulently misrepresents that he is the owner of coal lands, and after securing an option for $100 for the purchase of the property at $35,000, further fraudulently represents that he has entered into a contract for its purchase at $100,000, upon which $15,000 had been paid, and thereby and by agreeing to organize a corporation and float bonds to reimburse investors for advances, secures advances to the extent of $50,000 which he converts to his own use, and refuses to either purchase the property or pay the taxes; and the persons whom he has defrauded may, to protect themselves, purchase the property independently and for their exclusive benefit, even before the time for his option has expired.</p>