Clallam Land & Investment Co. v. Jackson

Citations

• 53 Wash. 190
• 101 P. 832
• 1909 Wash. LEXIS 1293

Syllabus

<p>Trusts- — -Establishment—Evidence. An option to purchase timber on lands owned by tbe plaintiff, and other lands which plaintiff expected to buy, is not sufficient to make the defendant a trustee for the plaintiff as to other lands in the vicinity purchased of third persons, where plaintiff had nothing to do with such purchase and did not aid therein or advance any of the purchase price, even if an officer of the defendant stated to an officer of the plaintiff, that, if the purchase was made, the lands should come within the option agreement.</p> <p>Same — Validity—Consideration. A naked promise to buy lands with one’s own money and hold them for another is without consideration and cannot be enforced in equity.</p>