Faison v. . Hardy
Supreme Court of North Carolina
Civil aotioN, tried before Boykin, J., and a jury, at August Term, 1895, of Northampton Superior Ccrurt. The facts sufficiently appear in the opinion of Associate •Justice Avery. There was a verdict for plaintiff and from the judgment thereon the defendants, Hardy, trustee, ■and 0. W. Grandy and heirs, appealed.
1Opinion of the Court
Avery, J.:
In 1876 the Farmers’ Loan and Trust Company conveyed a tract of land to John W. Faison and he, in order to secure certain notes representing the purchase money for it, conveyed the same land to the defendant, Caldwell Hardy, as trustee. The notes so secured •subsequently became the property of 0. W. Grandy & Sons. The plaintiff, F. S. Faison, seeks in this action to set up a parol trust, arising out of an agreement on the part of John W. Faison to buy and hold the land for him and convey to him upon the payment of the notes. The action was brought to restrain the defendant trustee,…
2Cases cited7 opinions
- Capehart v. . BiggsSupreme Court of North Carolina · 1877
- Cobb v. EdwardsSupreme Court of North Carolina · 1895
- Tucker v. . MarklandSupreme Court of North Carolina · 1888
- Faison v. . HardySupreme Court of North Carolina · 1894
- Pritchard v. . SandersonSupreme Court of North Carolina · 1881
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3Cited by4 opinions
- Cobb v. . EdwardsSupreme Court of North Carolina · 1895
- In Re Applications for Reassignment BoydSupreme Court of North Carolina · 1958
- Sutton v. CraddockSupreme Court of North Carolina · 1917
- Sutton v. . CraddockSupreme Court of North Carolina · 1917