Chase v. Boughton
Michigan Supreme Court
Appeal from Lake. (Judkins, J.) Bill to set aside the forfeiture of a land contract, and for other relief. Defendants Boughton and Lee appeal. The facts are stated in the opinion.
1Opinion of the CourtGrant, J.
In October, 1887, the defendants Boughton and Lee purchased a tract of land, chiefly valuable for pine timber, for which they paid $135,000. The tract consisted of forty-five forties. In October, 1888, they sold the land to Wilson, Luther & Wilson for $300,000, having in the meanwhile cut the timber from one 40, which had been burned over. The sale was evidenced by a written contract, fixing the dates and amounts of payments, and declaring time to be “of the very essence of the contract.'’'’ *287Wilson, Luther & Wilson entered upon the lands, and lumbered therefrom for one year,' and meanwhile…
2Cases cited3 opinions
- Holcomb v. NobleMichigan Supreme Court · 1888
- Miller v. StepperMichigan Supreme Court · 1875
- Stebbins v. DeanMichigan Supreme Court · 1890
3Cited by18 opinions
- Stephenson v. GoldenMichigan Supreme Court · 1937
- MacKenzie v. Union Guardian Trust Co.Michigan Supreme Court · 1933
- Gillen v. Wakefield State BankMichigan Supreme Court · 1929
- Hall v. NesterMichigan Supreme Court · 1899
- Koontz v. Bay Circuit JudgeMichigan Supreme Court · 1923
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