Sowle v. Holdridge

Perkins, J..

-In 1844, Dad'ey IloJdridge purchased of Sumner and Clark, a parcel of ground. He agreed to pay for it, in installments, $400; and was to receive a deed when *237foil payment was made. A title bond evidenced the agreement. Iloldridge found himself unable to pay the latter installments of purchase money, and he assigned his title bond to Francis Sowle, who made the payments, and received a deed for the land from Sumner and Ciarle. The assignment of the bond was absolute, and not accompanied by any trust, unless one was created by parol. A controversy afterward arose between Sowle and…