Ferguson v. Mounts

On the 16th day of March,. 1923, Mrs. Nannie L. Mounts and John E. Ferguson - entered into an executory contract' for the sale of 8 sections and 19 additional acres of land lying in Deaf Smith county. The stipulations of the contract necessary to be considered in determining the issues presented by this appeal may he briefly set out, as follows:(1) The consideration which Ferguson was to pay was $20 per acre and the assumption of the unpaid indebtedness to the- state of Texas, together with the payment of all taxes assessed against the land for the year 1923. The consideration was to be paid…