Raynor v. Russell

Russell, a Cambridge police officer, and his wife orally agreed to sell their Cambridge house to Mrs. Raynor and her daughter. The Raynors in fact paid deposits of $7,000 to the Russells, and received a receipt for $1,000. The written agreement,, drawn thereafter according to Russell’s testimony, specified a price of $27,000 and acknowledged a deposit of $1,000, with $26,000 more to be paid on delivery of the deed.

The Raynors’ bill in equity for specific performance alleged in effect that the actual price was to be $33,000 and that there was to be no disclosure of $6,000 of the deposits. The…