Armstrong v. Owens

Citations

• 83 Miss. 10

Syllabus

<p>1. Statute oe Frauds. AbsoVate conveyance. Parol evidence. Mortgage. Code 1892, g 4233.</p> <p>Code, 1892, § 4233) providing tliat deeds or other writings absolute on their face, where the maker parts with the possession of the property conveyed, shall not be shown by parol to be mortgages, unless fraud in their procurement be the question at issue, applies only to tangible property.</p> <p>2. Same. Case.</p> <p>Said code section d'oes not embrace the transfer of a life insurance policy made during the life of the assured, which may be Shown by parol evidence to be a mere security for a debt.</p>