New York Court of Appeals
George E. Schank, Copartners Under the Firm Name of James A. Hearn & Son, Appellants v. George Schuchman…
July 14, 1914212 N.Y. 352
Summary
The New York Court of Appeals affirmed the lower court, holding that the amended complaint did not state a cause of action because the plaintiffs failed to allege any disparity between the value received and the price paid, and because equity does not provide rescission of fully executed personal‑chattel transactions.