Stetson v. Riggs

Ragan, C.

One Stetson conveyed two lots in Lincoln, Nebraska, to one Riggs, in exchange for a stock of drugs. One of the lots conveyed'was incumbered by a mortgage of $700, previously executed by Stetson to other parties, which mortgage Riggs assumed. * On the maturity of the mortgage Stetson advanced the money, took an assignment of it, and brought this suit to foreclose it. Riggs filed an answer, the substance of which is as follows: “And for further answer this defendant says that said described real estate was conveyed to the defendant by the plaintiff in a transaction of barter and…