Henry G. Runkel, Jr., Trustee of the Estate of Henry G. Runkel and of the Estate of Rosalie H. Runkel v. United States

OPINION

Before CHAMBERS and KENNEDY, Circuit Judges, and JAMESON, * District Judge. CHAMBERS, Circuit Judge:

On November 17, 1969, Henry G. Runkel sold to Hill & Dale, Inc. the real property involved in this action. The sale was pursuant to a real estate sales contract which was recorded in King County, Washington, on December 9, 1969. The contract provided that the purchase price was to be paid in semi-annual installments of $3,000, that legal title was to remain in the sellers until the payment was completed, and that upon the default of any installment payment, the sellers could .declare the…