Burford v. Bridwell

Plaintiffs in error sued the First National Bank of Lindsay, Oklahoma, and' alleged an oral contract under the terms of which plaintiffs agreed to sell to E. W. Bridwell 80 acres of land for a consideration of $15,600; that in pursuance of the contract Bridwell deposited in the bank, in escrow, $500 to be paid on the purchase price if and when the abstract of title to be submitted by the plaintiffs disclosed a merchantable title to the property in said plaintiffs. Plaintiffs allege that Bridwell wrongfully repudiated the contract, whereby the bank became liable to them for the amount of the…