Vincent v. Corbett

In Gaylord v. Gaylord, 150 N.C. 222 (227), 63 S.E. 1028, this Court stated the pertinent principle of law in these words: “Upon the creation of these estates (parol trusts), however, our authorities seem to have declared or established the limitation that except in cases of fraud, mistake or undue influence, a parol trust, to arise by reason of the contract or agreement of the parties thereto, will not be set up or engrafted in favor of the grantor upon a written deed conveying to the grantee the absolute title, and giving clear indication on the face of the instrument that such a title was…