Court Opinion

ID: 5442162
Source: CourtListenerOpinion
Date Created: 2022-01-08 18:04:48.73294+00
Date Added: 2024-06-11T08:32:01.569900
License: Public Domain

McKinstry, J., concurring.
As I understand the transaction, the plaintiff paid the whole of the purchase money which was in fact paid. The money was loaned by the defendant to the plaintiff, and the former paid it to the railroad company as agent of the latter. The case is not affected by the circumstance that other payments may remain to be made on the contract. Certainly the defendant is in no better position than if he had actually made all the other payments himself. Although a verbal agreement by A to purchase land for B may not be given in evidence to establish a resulting trust where the entire purchase money had been paid by A and the conveyance taken in his name, yet if any part of the purchase money is shown to have been paid by B, a verbal agreement may then be proved which shall have the effect to deprive A of all beneficial interest in the purchase, and to clothe the entire estate in his hands with a trust in faver of B, (Hidden v. Jordan, 21 Cal. 92.)