Baker v. Lambers

Plaintiff, being the owner of real estate in Ottawa county, sold the same to defendants Lambers by land contract October 12, 1928. The contract of sale was an ordinary form of land contract, and provided that the Lambers were to purchase the real estate for $8,000 and pay therefor $1,000 on the date of the contract. This $1,000 was not paid in cash. Defendants Lambers paid plaintiff $300 in cash and executed and delivered to plaintiff a promissory note in the sum of $700 with Guy W. Tibbits, the other defendant, as an indorser thereon. Subsequently, during the month of August, 1929, plaintiff…