Arnd v. Lerch

Henry Arnd and Annie Arnd, his wife, on June 7th, 1929, contracted in writing with Milton R. Lerch to sell to him at and for the price of $30,000 a tract of land 252 feet 5% inches by 1,550 feet, more or less, on a proposed road, Wood-ring Avenue, east of the Harford Road in Baltimore City, Md., and to furnish him a good and merchantable title to the same. The vendee paid on account of the purchase price $500, but declined to make further payments, or to proceed under the contract on the ground that the property was subject to “two outstanding one cent ground rents,” and that for that reason…