Joseph v. Rottschafer

On December 22,1926, the defendants as vendors and the plaintiffs as vendees entered into a written contract for the sale and purchase of a four-story building at the corner of Leonard and Fuller streets, in the city of Grand Rapids. The purchase price was $18,000, of which $4,089.12 (the agreed value of the equity of plaintiffs in certain property conveyed to defendants) was then paid, and the balance was to be paid in monthly installments of $100 each. It contained the following provision :

“First parties hereto herein agree at their own expense to complete the building located on the above…