Couture v. Morin

There is no merit in this appeal. The defendant Joseph Morin, in writing and under seal, agreed with the nominal plaintiff, Couture, to hold a note for $1,000 payable to himself and a mortgage deed to himself as mortgagee of real estate in Worcester securing the note, in trust to sell and assign for the purpose of raising cash to be applied, first, to the expenses of the transaction, next, to the payment to himself of $386 due him from Couture, and, then, to pay over the balance to Couture. He did not do this. Instead, after he had received an offer of $700 for them from a would-be purchaser…