Doane v. Bigelow

In a settlement of matrimonial difficulties, the petitioner’s husband, in January, 1933, conveyed his house and land through a corporation as a conduit to Rueben Bigelow, the petitioner's employer, who four days later gave a note for $2,750, payable in 1938, to The First National Bank of Boston, and secured it by a mortgage of the house and land. On the same day Reuben Bigelow gave a lease of the house and land to the petitioner for five years at a rental of $165 payable on September 1 of each year, in addition to taxes, with the right to buy the property for $1,250 (the amount of a loan by…