Taylor v. Hurst

Opinion of the Court by

Judge Quin —

Reversing.

July 5, 1902, Harrison Taylor (now deceased) , and his wife entered into a contract with appellees, C. Hurst as trustee, whereby the Taylors, in consideration of the sum of four dollars per acre, agreed to sell and convey to Hurst, trustee, the mineral rights in about 3,000 acres of land in Knox county.

It is provided in said contract that:

"The party of the second part is to forfeit and lose all payments made on said land and this obligation is *72to become null and void unless all of the purchase money is paid within six months from date hereof, and…