Hartford-Connecticut Trust Co. v. O'CONNOR

On March 24, 1924, Alice H. Bennett, Mary L. Howard and Edith M. Howard, three sisters, owned the premises known as 67 Collins Street, Hartford. On that date they entered into a written contract whereby they agreed to sell the property for $105,093 to the Connecticut Mutual Life Insurance Company. Pursuant thereto, the company made a down payment of 10 per cent of the purchase price and simultaneously the sisters executed a warranty deed naming it as grantee. The deed was placed in escrow with a bank with instructions to deliver it, upon receipt of the balance of the purchase price, to the…