Record MacHine & Tool Co. v. Pageman Holding Corp.

Defendant appeals from a judgment in an action by plaintiff to have declared its rights under a conditional sales contract, in which plaintiff is buyer and defendant seller, to have it determined how much plaintiff still owes under the contract, and for damages for breach of the contract by defendant.

According to the findings, plaintiff and defendant contracted in writing for the sale of real property, personal property and patents. The purchase price was $100,000, $10,000 of which was paid on execution of the contract and the balance was to be paid in installments of $1,000 “or more” plus…