Davis v. Phillips

On March 5, 1887, the complainant executed to the defendant Ezra O. Phillips a deed of a lot in the-city of Grand Rapids. The consideration expressed in the deed was §2,500. The actual consideration, however, was *200the transfer by the defendant to the complainant of a one-fourth interest in certain letters patent for an alleged new and useful improvement in churns. Both parties resided in Grand Rapids.

About a year and seven months afterwards complainant filed his bill of complaint in this cause to set aside the conveyance, on the ground that it was obtained by fraud on the part of the…