Des Moines Improvement Co. v. Holland Furnace Co.

On the 28th day of December, 1923, the appellee was the owner in fee simple of a certain described lot in the city of Des Moines, and on said day the appellee sold said real estate to one Heninger, by a written contract of sale. It appears that, after the mailing of said contract, one Hedgecock went into possession of said property, under an'oral agreement with the original vendee, Heninger, to acquire the latter’s interest in the said written contract of sale.- The contract provided for certain payments to be made by the vendee, and contained a clause providing for forfeiture in the event of…