Sheard v. Welburn

On the thirty-first day of October, 1884, the plaintiff and defendant entered into a written contract by which the defendant agreed to sell and convey to the plaintiff two parcels of real estate in the village of Constantine for the sum of $4,000.

*388After giving a description of the property, the contract continues as follows:

“I, said Welburn, agree to receive a certain promissory note of Wm. Proctor and Marion C. Proctor, dated April 26, 1884, due one year from date, as a payment of the sum of $1,500, when such note shall be paid by said Proctors to me, said Welburn, and when it shall be paid,…