Heagy v. Steinmark

October 9, 1917, Ralph C. Heagy, one of the plaintiffs in error, entered into a written contract with Mary Stein-mark, defendant in error, selling to her the West one-half of the Northwest one-quarter of Section 1, Township 10 North, Range 60 West of the 6th P. M., in Weld County, Colorado, for the consideration of $1,000. One dollar was paid in cash, $499 was to be paid on or before November 10, 1917, and $500 on or before November 10, 1918, with interest at 8%, on deferred payments, from October 10, 1917. This contract contained the following clause: “Mutually agreed that the terms will be…