Crenshaw v. Williams

Opinion of the Court by

Judge Thomas

Affirming.

On January 19, 1920, appellee and defendant below, I).- W. Williams, signed a contract agreeing to convey to the appellant and plaintiff below, J. W. Crenshaw, on March 1 thereafter, a tract of land in Scott county containing 398% acres, the consideration being $400.00 per acre, amounting in the aggregate to $159,400.00.'Ten per cent of the purchase price, or $15,940.00, was paid at the time and forty per cent of the consideration was to be paid at the date of the deed and the balance was to be divided into two equal payments, evidenced by notes of…