In re Chrisman

YANKWICH, District Judge.

On March 4, 1938, H. C. Offutt and Asalee Offutt, whom we shall call the objectors, were the owners of certain farm land in Fresno County, California. ' On that day, they executed with James Gilbert Chrisman and Elma N. Chrisman, his wife, the debtors, an agreement for the sale of the property for the sum of $3,250, payable at the rate of $200 or more a year, beginning on the 4th day of March, 1940, and annually thereafter, and continuing until the 4th day of March, 1942, at which date the total unpaid balance of principal and interest was to be paid. The agreement…