Phinizy v. Guernsey

This was an action brought for the purpose of compelling the specific performance of a contract for the sale of land. According to the allegations of the petition, the defendants, who were the owners óf a city lot upon which was situated a building, entered into a written agreement to sell the same to the plaintiff for the sum of $16,000, of which $5 was paid when the writing was signed and the balance was to be paid when the vendee should satisfy himself that the vendors’ title to the property was good. The plaintiff had agreed to take the property, but, though it is not affirmatively stated…