Wade v. McGinnis

Opinion op the Cotxet by

Judge Clay

Reversing.

In 1922, R. K. McGinnis, who was considerably m debt at tbe time, died a resident of Warren connty, leaving a will by wbicb be devised jointly to bis' widow, Sarab McGinnis, bis second wife, and bis son by a former marriage, Walter McGinnis, a business bouse on State street in Bowling Green. Mrs. McGinnis agreed to buy tbe property for $7,500, and deposited $500 as liquidated damages in tbe event sbe failed to carry out her contract. Sbe was unable to raise tbe money, and lost tbe $500. Thereafter tbe property was sold under a judgment rendered…