Heard v. Gephart

The opinion of the court was delivered by

Dawson, J.:

This was an action to cancel a written contract for the sale of a house and two lots of ground in Arkansas City.

The contract, executed March 15, 1920, provided for a sale of the premises from plaintiff to defendant George A. Gephart for the sum of $4,000, of which $400 was to be paid in cash, and the balance in monthly installments of principal and interest at 8 per cent beginning at $60 per month and regularly decreasing each month for 35 months, and on the 36th month the entire balance of $2,391.60 was to be paid. The contract also…