Brewer v. Cropp

The opinion of the court was delivered by

Scott, J.

Plaintiff, defendant and two other persons purchased a tract of land in Seattle for speculative purposes and incurred an indebtedness therefor. The land was platted *137as an addition to the City of Seattle, and the purpose was to sell it as city lots.

Plaintiff contends that subsequent to this time he entered into an arrangement with the other three parties whereby he was to pay or assume the indebtedness aforesaid and to pay each of said parties $2,000 profit on the investment, and in consideration whereof they were to convey to him their…