Sheldon v. Stagg

STOKES, Justice.

On July 30, 1929, J. C. Livingston and his wife, appellee, Carrie B. Livingston, of Elkhorn in Walworth County, Wisconsin1, entered into a real estate sales contract with appellee, Sam W. Stagg, of Oldham County, Texas, by which - they agreed to convey to him 329.54 acres of land located in 'Oldham County. The consideration to be paid by the grantee was the total sum of $7,000, of which $1,000 was to be paid in cash and the balance to be evidenced by a note in the sum of $6,000, due and payable on or before ten years after its date, bearing interest at the rate of six per cent…