Pace v. Zellmer
Supreme Court of Iowa
Appeal from Union District Court. — Homer A. Fuller, Judge. Action to recover on a land contract the sum of $5,000 as liquidated damages. Cause tried to a jury resulting in a verdict for the plaintiff. Defendant appeals. —
1Opinion of the CourtDe Graff, J.
Plaintiff and defendant entered into a written contract to exchange farms, and it was agreed that plaintiff *517should deed 640'acres of land, subject to incumbrance, situated in Traill County, North Dakota to defendant in exchange for a deed from defendant to plaintiff to 680 acres of land, subject to incumbrance, situated in Union County, Iowa. Said contract provided: “It is agreed by both parties that if either party fails to comply with the terms of this contract the party so failing agrees to pay to the other party the sum of $5,000 as liquidated damages for failing to carry out the terms of…
2Cases cited4 opinions
- Selby v. MatsonSupreme Court of Iowa · 1908
- Sanford v. First National BankSupreme Court of Iowa · 1895
- DeGraff, Vrieling & Co. v. WickhamSupreme Court of Iowa · 1892
- Joeckel v. JohnsonSupreme Court of Iowa · 1916
3Cited by4 opinions
- Gordon v. PfabSupreme Court of Iowa · 1976
- Port Huron MacHinery Co. v. WohlersSupreme Court of Iowa · 1928
- Heaberlin v. HeaberlinSupreme Court of Iowa · 1963
- Shockley v. Paul Davis Dry Goods Co.Supreme Court of Iowa · 1925