Iowa-Des Moines National Bank & Trust Co. v. Crawford

In April, 1923, C. H. Rosenbaum desired to purchase certain real estate, ^including the dwelling thereon, which belonged to the estate of James S. Patten, deceased, in the city of Des Moines, Iowa. The purchase price of the real estate was $20,000, of which $8,000 was paid in cash. Said Rosenbaum, for private reasons, did not desire to sign the mortgage for $12,000, representing the balance of the purchase price. Pursuant to an arrangement, the property in question was, therefore, conveyed by the executors of the estate of James S. Patten, deceased, to EL K. Craw ford. H. K. Crawford" and his…