Philip Pendleton Barbour,
Smith v. Richards — Opinion of the Court
“ They rest upon the ground that the party selling property must be presumed to know whether the representation which he makes of it is true of false. If he knows it to be false, that is fraud of the most positive kind; but if he does not know it, then it can only be from gross negligence: and in contemplation of a Court of equity, representations founded on mistake, resulting from such negligence, is fraud. ”
