Johnson v. Rivara

This is an appeal from a judgment of the District Court of the Third Judicial District of the county of Bergen in favor of the defendants below.

The record discloses that Mr. and Mrs. Johnson, the appellants here, gave $500 as a down payment to the defendants (appellees here) on account of the purchase price of fifteen acres of land lying on the west side of the state highway in Palisades, New York. The preliminary memorandum relating to this transaction is informal, reciting merely that the purchase price of $43,000 shall be payable, $2,000 on the signing of a proper contract of sale which…