Grennon v. Kramer

The opinion of the court was delivered by

Brogan, J.

This is an appeal from a decree of the court of chancery. The state of the ease discloses the following situation:

On April 3d, 1919, an agreement was executed between Louis Kramer and James G. Marcrum, wherein Kramer undertook to convey certain lands and premises then owned by one Albert W. Brown. Kramer enjoyed certain rights and privileges in said land and the agreement provided that the said Marcrum, upon acquiring title, should first execute a mortgage to the said Brown in the amount of $9,500, which was to be a first mortgage, and should…