Petitt v. F. v. H. Collins Co.

Plaintiffs, as vendors of certain described lands, brought this action to recover the purchase price from the vendee. The complaint, which was filed on June 20, 1938, alleges that prior to making the contract of sale plaintiffs were in possession of the land. The sale is alleged to have been made on June 10, 1936, for the consideration of $4,000, $800 of which was paid when the contract was made, and $800 became payable on the 1st day of June of every year thereafter until fully paid, together with interest at six per cent. Upon making the contract, plaintiffs surrendered possession to…