Badger Lumber Co. v. Parker

The opinion of the court was delivered by

West, J.:

July 1, 1904, W. Gordon Parker contracted with an investment company for a tract of land near Arkansas City for $8760, paying $1500 cash *135and agreeing to make a 500-dollar payment on the 1st day of July of each succeeding year until the purchase price was paid; also to pay interest, taxes and insurance. Parker took possession of the property, paid the interest due on January 1, 1905, the 500-dollar payment and interest due July 1, 1905, but defaulted on the interest due January 1, 1906, amounting to $260. In the meantime he had purchased from…