E. Nelson Mfg. & Lumber Co. v. Roddy

By a mechanic’s lien contract, dated May 30, 1928, S. E. Roddy and wife, as owners, contracted with Ray Phillips, as contractor, to construct an apartment house on a lot which was their homestead, and executed a note for $31,250, in payment of the improvements, payable on estimates of 80 per cent, of work and material incorporated in the building, until $11,250 was paid, and the balance of $20,000 was payable when the building was completed according to the plans and specifications, and upon the contractor furnishing satisfactory proof to the owners that all labor and (or) material used had…