Carter v. Blenkiron

Action to establish a parol trust in real estate and, in connection therewith, to compel an accounting by the alleged trustee. Judgment went for defendant,' from which plaintiffs appeal.

As appears from the complaint, the action is founded upon the alleged fact that plaintiffs, relying upon defendant’s promises, did, by unconditional grant deed, convey the land to defendant upon his oral agreement- to pay certain indebtedness against the property, secured by a trust deed thereon, after which he would sell .the same and pay to plaintiffs, the purchase money received therefor, less the sum paid…