Picotte v. Smith

The action has been brought to recover damages for the breach of a contract for the exchange of real estate. Each party claims that the other is solely responsible for the breach and is demanding judgment for the sum of $500, agreed upon as the liquidated damages, the plaintiff in his complaint and the defendant in his first counter-claim. Defendant has set up a second counter-claim for expenses incurred, but has chosen to stand on the first. The contract was made on May 4, 19JL6. Plaintiff agreed therein to sell and convey to defendant on June 1,1916, in fee simple by a good and sufficient…