Ward v. J & M Farms, Inc.

J & M Farms, Inc., appeals from the portion of a decree ordering it to pay prejudgment interest in an action involving specific performance of a land contract.

The decree is affirmed.

The controversy originated from the sale of farm land owned by the estate of Amelia C. Huesgen by the personal representatives, Martin J. Ward and Edward P. Cleary (“the sellers”), to J & M Farms, Inc. *7(“the buyer”). As successful bidder in a sealed-bid auction, the buyer agreed to a purchase price of $87,751 and made a ten percent down payment. The sales contract allowed the buyer to take immediate possession of…