Steele v. Kinkle
Supreme Court of Alabama
Appeal from the Chancery Court at Huntsville. THIS bill was filed by the plaintiff in error, to rescind a contract, entered into between him and the defendant, Lehr.
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Appeal from the Chancery Court at Huntsville. THIS bill was filed by the plaintiff in error, to rescind a contract, entered into between him and the defendant, Lehr. The bill charges, that in January, 1337, Lehr purchased of Kinkle, a lot of ground, in the town of Huntsville, at four thousand one hundred dollars, payable one thousand one hundred in hand, and the residue in three annual instalments of one thousand dollars each, payable in notes on good and solvent men in North Alabama, and that Kinkle executed to him a bond, in the penalty of eight thousand dollars, with condition to make…
1Opinion of the CourtOrmond, J.
The facts of this case are, that in January, 13.37, the defendant, Lehr, purchased of the defendant, Kinkle, a lot of land in Huntsville, at the price of four thousand one hundred dollars, of which sum, one thousand one hundred dollars was paid down, and the residue secured by tlwee notes of one thousand dollars each, falling due in one, two and three years; Kinkle executing a bond to make title on payment of the pui’chase money; at the .time of the purchase, a mortgage existed for a large sum of money on the lot in question, and other property created by Kinkle, but of which Lehr, at the…
2Cited by22 opinions
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