Joseph Story,
Boyce's Executors v. Grundy (34 U.S. 275…
“ The report of the master is founded upon evidence in the court, prior to the first decree. It was not until after the affirmance of that decree by this court, that new light broke in upon Mr Grundy.When a contract is rescinded, chancery puts the parties as nearly as may be in statu quo. If it returns to the one his money and interest, it gives to the other his land and rents. This has not been done here. Grundy possesses this land for five years, and now has a decree for his money and a large sum for interest, without the estate of James Boyce receiving any of the rents. ”
