Freeman v. Freyer

The plaintiffs filed an action in equity to obtain an accounting from the defendants for their share of the profits obtained by the defendants on the sale to others of 85 lots on which the plaintiffs held an option to purchase. They also prayed for an injunction to restrain the defendants from negotiating their promissory note and sought the return of their $5000 security. The cause was referred to a Master for a hearing and to report his conclusions of law and fact. The Master found for the plaintiffs and the Chancellor adopted the findings and decreed the relief requested.

The primary issue…