Court Opinion

ID: 9863243
Source: CourtListenerOpinion
Date Created: 2023-09-25 03:18:07.928554+00
Date Added: 2024-06-11T11:39:23.577960
License: Public Domain

On Motion for rehearing or to transfer to banc.
Defendants claim our opinion is based on a misinterpretation of the trial court’s decree. Defendants say the decree should be construed as finding all issues for the individual defendants and that the finding as to plaintiff’s unreasonable delay was merely a separate and unnecessary finding. Defendants further say that the finding against the corporation should be construed as a finding of failure to exercise due care and diligence in advising plaintiff as to the value of the property and the business advisability of selling it.
The trouble with all this is that the decree must be considered as a whole and not construed in separate parts as isolated paragraphs. Moreover, as to the basis of the corporation’s liability, the corporation was acting solely through Bradley and the evidence was all as to fraud and not negli*843gence. Furthermore, most of the badges of fraud on the transaction were shown by defendants’ own evidence. While we showed that before defendants’ evidence came in, plaintiff had evidence “sufficient to make a case for rescission”, when defendants’ evidence came in we think it did make the entire evidence overwhelming on that issue. While we also think the trial court’s decree shows that it had the same view as we have on this issue, we are convinced that it is the only reasonable finding that could be made from the whole record.
Defendants’ motion is overruled.
All concur.