Snyder v. Sargeant

Tbe plaintiffs, appellees, were, on and prior to September 9, 1921, tbe owners of a garage building and a residence hereinafter referred to as tbe homestead, in Forest City. A mortgage covering both' pieces of property bad been foreclosed, and the properties sold separately on execution sale, tbe garage selling for $3,700, and tbe homestead for $2,100. The year within which appellees might redeem expired on February 25, 1922. On September 9, 1921, the plaintiff W. B. Snyder and defendant, appellant, entered into a written contract, whereby the garage was to be exchanged, “subject to present…