Halstead v. Jessup

The questions in this case depend upon the construction of a contract in which it was recited that “Delos Root owns six hundred (600) acres of land in Greene county, in the State of Indiana, at or near what is known as Johnstown on Eel River.” It was further stipulated that Root thereby sold to appellant and another the oak timber on said land for a stipulated price, payable in installments, and it was finally provided that said parties were “to have four years to take off said oak timber” and were to take it clean. After the lapse of four years, the appellant owning the contract, and the…