Kreisa v. Stoddard

This is an appeal by defendant from a money judgment in favor of plaintiffs in an action to recover the principal, plus interest, due, owing and unpaid on a conditional sales contract.

On October 1, 1945, respondents and appellant entered into a conditional sales agreement by which appellant agreed to buy and respondents agreed to sell a going floral business, together with the good will, fixtures and lease of the premises constituting the place of business thereof. The sale price was fixed at $14,850, to be paid in installments, deferred payments of principal to bear interest at the rate of 5…