Lobban v. Wierhauser

SMITH, Chief Justice.

Appellant, W. P. Lobban, brought this suit in equity against appellee, H. J. Wier-hauser, seeking to impress a parol trust upon certain real estate conveyed to Wier-hauser by a stranger, on April 12, 1913. The facts of the case will be stated from plaintiff’s petition, to which the general demurrer was sustained below.

Appellant contacted one D. C. Jones, the owner of the property which appellant believed could be resold within a reasonable time and at a reasonably good profit over the proposed sale price of $1,250. Not having the purchase money, and being unwilling to…