Schluter v. Gentilly Terrace Co.

On November 9, 1914, plaintiff entered into an agreement, or “bond for deed” contract, with defendant, Gentilly Terrace Company, to sell to him 3 lots in square No. 25 on the map-of said company, for a consideration of $1,800.

As required by the terms and conditions of the contract, plaintiff paid the sum of $50 cash, and executed as the balance of the purchase' price 117 promissory notes, each for $15, and payable monthly on or before the first day of each month.

Alleging the payment of the first note' falling due, on April 5,1915, and of each succeed ing note at maturity, up to and including…