Trail Realty, Inc., a Corporation v. Ralph G. Beckett and Elizabeth G. Beckett

BRATTON, District Judge.

This appeal is from the denial of Trail Realty’s action for specific performance of a real estate contract entered into between it and Ralph and Elizabeth Beckett.

Appellant’s predecessor in interest had entered into a contract with the Becketts in 1966 to purchase a twenty acre tract of land. The contract was assigned to appellant in October of 1966.

The contract contained a variety of provisions, but only those pertinent to the issues on appeal follow.

The purchase price for the land was $200,000.00. The money was to be paid as follows: a $5,000.00 down payment, which…