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WHEELER v. PIONEER INVESTMENTS, INC., et al.

MOBLEY, Justice.

"One who seeks rescission of a contract on the ground of fraud must restore, or offer to restore, the consideration received thereunder, as a condition precedent to bringing the action; and a petition which fails to allege restoration or offer to restore before institution of the suit is demurrable." Williams v. Fouche, 157 Ga. 227 ( 121 S.E. 217); Ga. Baptist Orphans Home v. Moon, 192 Ga. 81 ( 14 S.E.2d 590); Puckett v. Reese, 203 Ga. 716 ( 48 S.E.2d 297); Dumas v. Burleigh, 209 Ga. 241 ( 71 S.E.2d 545). Accordingly, under the rule of the above-quoted decisions, the trial judge did not err in sustaining a general demurrer to the petition in the case under consideration as the petition which sought rescission of a deed to secure debt and note on the ground of fraud, failed to allege restoration or offer to restore prior to the institution of the suit.

Judgment affirmed. All the Justices concur.

SUBMITTED SEPTEMBER 14, 1961 — DECIDED OCTOBER 5, 1961 — REHEARING DENIED OCTOBER 24, 1961.
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WHEELER v. PIONEER INVESTMENTS
(Oct 5, 1961)