Witzel v. Tena

The plaintiff, Frances Witzel, and the defendant, Tell Tena, were married May 8,1920. October 31,1928, they entered into a written contract to purchase land, stock, and equipment in Clark county. The purchase price was forty thousand dollars and was to be paid at the rate of five hundred dollars a month, which included interest at six per cent per annum on the deferred balance. By 1932, the contract balance had been reduced to approximately thirty thousand dollars. April 26, 1932, the seller deeded the property to the purchasers and took mortgages on the land, stock, and equipment as…