Suiter v. Davis

WALKER, Justice.

Medlin and. wife, owners of land and personal property, entered into a written agreement with defendant Suiter whereby they promised to sell and convey the land and personal property to said defendant upon certain performances by him. This agreement contained the following provisions :

“As earnest money Purchaser (that is, the defendant) has this day placed the sum of $500.00 together with a copy of this agreement in escrow with Houston Title Guaranty Co., Houston, Texas. Should the terms of this agreement be carried out *201within the time specified, said sum shall be applied to…