Massar Cattle Co. Inc. v. Reese

Appeal by the appellants from a summary judgment entered against them in the District Court, Fifth Judicial District, Madison County. We affirm.

On September 28, 1979, Massar Cattle Co., Inc. and Donald and D.J. Reese entered into a contract for deed wherein Massar agreed to sell and Reese agreed to buy certain ranching property located in Madison County, Montana. The terms of the agreement provided for a purchase price of $420,000 to be paid as follows: $15,000 upon execution of the agreement, $15,000 on October 15, 1979, $20,000 on April 1, 1980, $50,000 on September 30, 1980 and an $8,000…