Palisade Gardens, Inc. v. Grosch

On September 3d 1929, Francis X. Connors entered into a contract with the complainant to purchase lands and premises described in the bill. The purchase price was $2,400, payable as follows: $480 on the execution of the contract of purchase; the balance in monthly installments of $48 and interest on unpaid balances; the final installment to be made on or before February 1st, 1933. The premises in question were included in a blanket mortgage from which the complainant vendor covenanted to have the premises released. The deed of conveyance was to be a full covenant and warranty deed, free and…