Leesburg State Bank v. Lyle

This was a suit in equity to cancel and annul a contract for the purchase and sale of real estate the same being an executory contract for an accounting between the parties, for a decree for the return of the money paid by the vendee to the vendor, and to declare a lien upon all the lands described in the contract to enforce the repayment of the sum paid by the vendee to the vendor.

There was a demurrer to the bill of complaint. The demurrer was overruled. Final decree was in favor of the complainant and the defendant appealed.

The question presented to this Court is whether or not the court…