Freeman v. Young

John Young, appellee, sued J. D. Freeman and City National Bank of San Antonio, appellants, for $500 deposited as liquidated damages should Freeman fail to purchase the land offered by appellee. Young was to furnish Freeman an abstract of title showing good and merchantable title in Young, and the title was to be passed upon by Freeman’s attorney.

The money was deposited in appellant’s said bank. Freeman failed to carry out the trade, whereupon Young brought this suit to recover the money deposited in escrow.

W. B. Teagarden, an attorney and friend of appellant, made the deposit required in the…