Hudson v. Wakefield

OPINION

CHASE, Justice.

Appellees, herein referred to as sellers, were the owners of a tract of 186.69 acres, more or less, situated in Freestone County, Texas, which tract the appellants, herein referred to as purchasers, sought to buy.

*217A lengthy instrument was prepared which set forth the many terms and conditions under which the transaction was to be consummated.

The condition pertinent herein was the requirement that $10,000.00 cash was to be paid on closing, less $5,000.00 earnest money which was to be deposited with Freestone Title Company as escrow agent.

Both parties executed the…