Iby Et Ux. v. Wrisley

This is a proceeding in chancery and is here upon the plaintiffs’ appeal from a decree of the chancellor sustaining a demurrer to the bill of complaint, as amended, and dismissing the bill.

The material allegations of the bill are these: On June 11, 1928, the defendant Mrs. Wrisley sold a farm and personal property thereon to the plaintiffs. The farm was subject to a first mortgage to the Essex Trust Company, which the plaintiffs assumed and agreed to pay. The plaintiffs paid a certain sum in cash, transferred a house and lot at an agreed valuation, and gave Mrs. Wrisley a second mortgage upon…