Jacobs v. Jewett

This case comes to us on stipulation. The questions raised on appeal have been agreed to. They arise from an instrument executed by the parties on August 7, 1954. In it the plaintiffs, as vendors, entered into what was called a “contract for a deed” with the defendants and others, as purchasers. Under the terms of this agreement, the vendors contracted to sell to the purchasers, who agreed to buy, certain described real estate and personal property, consisting of a farm and tools, for twelve thousand dollars, payable at a specified rate. The vendors agreed to make certain repairs on the…