Clark v. Richardson

Appellants listed a farm for sale with The Crawfordsville Trust Company which prepared a contract of sale, procured appellants’ signatures thereto, and took it to appellees Sams who were satisfied with its terms and also signed. The consideration was $20,520 payable, $2,000 cash (check for which was delivered by the Sams when they signed the contract), $4,000 on or before February 25, 1942 (which was paid to the Trust Company before that date), “and balance on or before February 25, 1943. ■ Said balance to draw interest at the rate of 4y%, per cent annually, payable semi-annually . . .” The…