Haas v. Fidelity & Columbia Trust Co.

Opinion of the Court by

Morris, Commissioner—

Affirming.

On April 16, 1934, appellant by written proposal offered to purchase from appellee two lots which it owned in Louisville, with two buildings, admittedly in ■a run down condition. The writing evidenced that appellant would pay to appellee the sum of $900 for the lots; a cash payment of $100 within sixty days, and “assume” a mortgage for the unpaid balance. It was proposed that upon payment of the $100, a deed should be made to purchaser, with usual covenants. Appellant appended to his writing these words: ‘ ‘ The above proposition is good…