85 Tenn. 348 | Tenn. | 1887
The plaintiff entered into a parol agreement for the purchase of land from the defendant, and paid him as part payment two horses and a set of harness, and was to execute notes for remainder of purchase - money upon execution and delivery of title bond. Before taking possession plaintiff disaffirmed the purchase and refused
A mere moral consideration is not a good consideration. To. adopt the suggestion of Mr. Addison: “It is better to let such naked engagements rest upon the mere integrity and good faith of the parties than to subject them to the compulsory authority of law.”
The report of the Commission of Referees, recommending an affirmance, will be set aside, and the judgment of the Circuit Court reversed. The case will be remanded for a new trial.