Case ID: ky-op_3/html/0070-01.html
Source: Caselaw Access Project
Author: {"author": "Judge Robertson:", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

E. P. Campbell v. P. B. McGoodwin.
    
      Contracts — Rescission—Accounting for Rents and Profits.
    It is error to adjudge a rescission of a contract for the purchase of a livery stable without securing an accounting for rents and profits.
    APPEAL FROM CALDWELL CIRCUIT COURT.
    January 11, 1869.
    
      James, for appellant.
    
    
      Lindsey, for appellee.
    
   Opinion of the Court by

Judge Robertson:

As assignee of Langley, McGoodwin ought to have prosecuted his action against Miller with more diligence and either thus fixed his insolvency or exhausted the security by enforcing the vendor’s lien on the livery stable and lot. Instead of doing this, he seems to have been co-operating with Miller to relieve him from his contract. Miller’s widow and heirs did not seek a rescission; and, had they done so, there was no apparent excuse for the rescission as adjudged. And, even if a rescission had been allowable, the circuit court erred in adjudging it without securing an acounting for rents and profits.

Wherefore, the judgment, in all its phases is reversed and the cause remanded for further proceedings.