Soderberg, Et Ux. v. Davis

The decree here is from a decree of foreclosure of a vendor’s lien on real estate for the unpaid balance of the purchase price.

The record shows that apellants purchased from appellee a certain tract of land for which they agreed to pay the sum of $3500.00. Fifty dollars was paid on the date of the agreement, April 17, 1926, and $500.00 was to be paid on May 15, 1926. The balance was to be paid in monthly installments of $50.00 each, payable on the first day of each month beginning June 1st, 1926. The $500.00 agreed to be paid on May 15th was paid on June 7th, 1926.

Appellants went into…