Small v. Ogden

By an action in equity for declaratory judgment plaintiffs sought construction of a real-estate contract and asked that forfeiture proceedings previously instituted by defendants be enjoined. The trial court found the contract unambiguous, denied the relief prayed by plaintiffs, and they appealed.

A written contract was entered into January 6, 1949, under which plaintiffs agreed to purchase and defendants agreed to sell certain farmland in Clinton County. The given purchase price was $30,000, with specified payments to be as follows: $2000 down payment, $6000 on or before March 1, 1949, then…