Knapp v. First Nat. Bank & Trust Co. of Oklahoma City

PHILLIPS, Circuit Judge.

On March 25, 1944, Clyde L. and Eugene C. Ottinger, copartners doing business as Ottinger Brothers, entered into a contract 1 with Gage by which the Ottingers agreed to sell to Gage certain road machinery and equipment,- described and set forth in exhibits attached to'the sale contract, for a total consideration of $200,000, to be paid as follows: $100,000 within 30 days, $50,-000 within 60 days, and $50,000 within 120 days, from the date of the sale contract. 'The sale contract designated the First National Bank and Trust Company of Oklahoma City 2 as escrow agent and…