Osborne v. Royer
Osborne v. Royer
Opinion of the Court
delivered the opinion of the court.
On the 13th of December, 1872, James M. Osborne, holding the title-bond of Hugh A. Crawford to a tract of land, sold the land to W. B. E. Royer transferring to him the title-bond, whereupon Royer, on the same day, delivered the title-bond to Crawford, and received from him a deed to the land. In consideration of the purchase from Osborne, Royer executed to him his two notes of that date, at one and two years with interest, each for $600, and containing On its face the following recital: “And it is expressly understood and agreed that the note shall constitute a lien on a certain tract of land this day sold to me by said Osborne, and conveyed by deed, of even date with this note, by Hugh A. Crawford to myself. Eor a full and particular description of said land, reference is hereby made to said deed.” The bill was filed by Osborne to enforce the vendor’s lien for the- balance due on one of the notes, S. J. Kirkpatrick being made a defendant as holder of the other note. Kirkpatrick filed a cross-bill to enforce the lien reserved on the face of his note. On final hearing, the Chancellor gave to Osborne and Kirkpatrick each a decree for the amount due upon his note against Royer, and ordered the land to be sold in satisfaction thereof. Royer appealed.
So far as Osborne is concerned, the vendor’s equity is sufficient to entitle, him to relief as against his
Affirm the decree, with costs.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.