A Treatise On the Rescission of Contracts And Cancellation of Written Instruments

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90, 142 Pac. 587.
198 Young V. Arntze, 86 Ala. 116, 5 South. 2.53; Tyler v. City of Augusta, 88 Me. 504, 34 Atl. 406; Paulson v. D. M. Osborne & Co., 35 Minn. 90, 27 N. W. 203. But see Plotner v. Markham Warehouse & Elevator Co. (Tex. Civ. App.) 122 S. W. 413.
109 J. I. Case Threshing Mach. Co. v. Puis, 175 111. App. 190.
2 00 Frick Co. v. Fry, 75 Kan. 396, 89 Pac. 675; Phares v. Jaynes, 118 JIo. App. 546, 94 S. W. 585.
2 01 Westinghouse Co. v. Gainor, 180 Mich. 393, 90 N. W. 52.
§ 627 HESCISSI
...ON OF CONTRACTS 1452 identical property wliich he has received under it, and if he has put himself in a position where he cannot do this, as, by selling the property or part of it or otherwise disposing of it, he cannot have a rescission by tendering its value, but must have recourse to such other remedies as the law may allow him.^"- There are some exceptions to this rule, how- ever, as, for instance, where the rescinding party can and does regain the possession of that part of the property which he parted with,^"' where he can tender other prop- erty of identical kind and value, such as shares of stock in a corporation,^"* where his inability to return all the prop- erty received in the same condition is not attributable to his own act, but to the fault of the wrongdoer,-"^ where part of the property has been consumed in legitimate use, in which case he may tender its value, ^"^ where the other par- ty has waived a return of the specific property,^"^ and where he has perfected his right to a rescission by a good tender before disposing of any part of the property.^"' There are also some cases in which a return of the consideration re- ceived is impossible, as, for instance, where it consisted in services rendered or board and lodging furnished, and here it is sufficient to tender the reasonable price or value.

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