McLaughlin v. Acom

This action was brought to compel a reconveyance of a tract of land in Montgomery County, consisting of 160 acres, and for an accounting of the rents and profits of the same.

On April 26, 1875, Enos McLaughlin and his wife borrowed twelve hundred dollars from Thomas Acom, and to secure the payment of the same executed a deed to the land, which upon its face purported to convey to Acom the absolute title. At the same time Acom executed an instrument of defeasance, in the form of a bond, which recited that the deed, although absolute in form, was in fact a mortgage given and accepted as security…