Dickenson v. Scott

Appellee, H. H. Scott, being the owner of certain lots in the town of Abingdon, listed them for sale at public auction with the Southwest Land Company, a firm of real estate auctioneers. At the sale, one of the lots was knocked out to appellant, B. E. P. Dickenson, at $3,000, who signed a memorandum in writing agreeing to settle for the property on the terms of sale, to-wit, one-fourth cash, and the residue at six, twelve, eighteen and twenty-four months, giving notes *498with approved security, bearing interest from date, for the deferred installments. Appellant failed to comply with the sale,…