Bone

Bone v. Dwyer

Good Law
1928 Cal. App. LEXIS 256·89 Cal. App. 535·265 P. 292
Court of Appeal of CaliforniaFebruary 28, 1928Docket No. 3440.California2,337 words

Opinion

Lead Opinion

Finch, J.

July 20, 1922, the defendant P. J. Dwyer and Maria E. Lindahl entered into a written contract, by the terms of which the former agreed to buy and the latter to sell the real property in controversy in this action, subject to a mortgage indebtedness thereon of $1,400, for the sum of $1,100, of which sum $500 was paid in cash and the remainder was to be paid in monthly installments of $50 each. The contract was never recorded. At the same time Maria E. Lindahl signed and acknowledged a deed, dated July 15, 1922, purporting to convey the property to Dwyer, and left it in the custody of a real estate company. Dwyer paid three of such monthly installments and thereafter, “in the fall some time” of 192'2, assigned all his “right, title and interest” in and to the contract and the property described therein to the plaintiff, in consideration of the plaintiff’s payment to Dwyer of $650 and his promise to pay the remaining installments as they fell due and his assumption of the mortgage indebtedness. This assignment was indorsed on the back of the contract and was not recorded. The plaintiff paid Maria E. Lindahl such remaining installments and, in July, 1923, the aforesaid deed was…

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