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Lord Westbury, giving the lead judgement, stated in the most crucial passage:
- which achieved the same result but by a different manner;
- real or personal;
- ‘if a vendor or mortgagor agree to sell or mortgage property;
- and afterwards become possessed of property answering the description in the contract;
- and he receives the consideration for the contract;
- there is no doubt that a court of equity would compel him to perform the contract;
- of which he is not possessed at the time;
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