Baucom v. First National Bank of Monroe, Inc.

This is tbe case: Tbe vendors conveyed certain land by warranty deed to tbe vendees and received from tbe latter tbe agreed price. Tbe vendors at tbe time of tbe sale made an oral agreement with tbe vendees that if a certain sum of money theretofore paid by tbe vendors for paving a street or road abutting tbe property, was thereafter refunded by tbe State Highway Commission, in such event said money should belong to the vendees or owners of the land at the time of the refund. The fact status, consequently produces the vital question- of law, and that is: Was the oral agreement with respect to…