Van Winkle v. Van Winkle

In June, 1927, Geo. Van Winkle purchased a forty-acre farm in Canyon County from A. L. McConaughey and wife. He traded in a car and assumed two mortgages (one for $750 and the other for $1500) held by the Federal Land Bank of Spokane. Five or six months later Van Winkle transferred possession of this property to his son, appellant herein, with an oral agreement of sale in consideration of cancelation of loan of $430 previously made to him by appellant. Appellant canceled his father’s debt and took possession of the property; at the same time he assumed payment of the two mortgages held by the…