Ferguson v. Mellinbruck

SMITH, Chief Justice.

This action grew out of a contract for the exchange of properties, in which it was stipulated that plaintiffs in error, Ferguson, convey to defendant in error, Mellin-bruck, certain land in Kansas City, Missouri, and that defendant in error convey to plaintiffs in error certain lands in Hidal-go County, Texas, each party to assume certain outstanding indebtedness against the property to be conveyed to him in the exchange. In addition to this assumption plaintiffs in error agreed to pay defendant in error a certain amount in cash and deliver to him a certain diamond ring…