Newton v. Misner

Plaintiffs Newtons sued defendants Mis-ners, alleging that the Misners by a “Standard Purchase Offer, Acceptance and Receipt,” hereinafter called “agreement,” offered on April 30, 1963, to trade their Cody residence property for the Newtons’ Lander residence and to pay plaintiff $12,500 net in cash, $500 down payment being deposited with Toyne, a real estate dealer, who had assisted in the drafting of the “agreement” and had shown the Lander property to defendants ; that Misners were called upon to pay the remaining $12,000, had paid $4,748.-44 in addition to the original deposit, had refused…