Mahoney

Mahoney v. Bostwick

Good Law
1892 Cal. LEXIS 899·96 Cal. 53·30 P. 1020
Supreme Court of CaliforniaAugust 30, 1892No. 14638California1,857 words

Opinion

Lead Opinion

Haven, J.

— The complaint in this action alleges, among other matters, that in August, 1884, plaintiff was the owner of the land therein described, and at that date he executed to one William Inglis a deed thereof, as security for money then advanced by said Inglis to pay off a debt due from plaintiff to the Stockton Savings and Loan Society, and which indebtedness was a lien on said land; that, upon February 5, 1885, the defendant, by agreement with plaintiff, paid to said Inglis the amount then due from plaintiff to Inglis, and plaintiff, in consideration thereof, caused said Inglis to convey to defendant the land which had theretofore been conveyed by plaintiff to Inglis, and that at the time it was agreed between plaintiff and defendant “ that said deed, though an absolute conveyance on its. face, .... should be treated and considered as a mortgage of said lands,” to secure the payment to defendant of the amount so paid by him to Inglis, at the request of plaintiff.

The complaint further alleges, that thereafter the defendant repudiated the agreement under which he re *57 ceived the deed from Inglis, and claimed that the same was an absolute conveyance; and on October 6,1885, he ousted…

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