Onderdonk v. Gray

The Cjiahcellor.

Onderdonk, on the 10th day of May, 1866, sold to Gray his mill property at Kingston, in this state, by a written agreement of that date. The prioe was to be $35,000, and the deed a good deed, with warranty, but no time was set for its delivery. The price was to be paid, $1000 in cash at sale, $4000 at delivery of deed, $6607 by assuming two mortgages to that amount, and the residue, or about $23,393, by a mortgage for that sum, without interest, payable on the first of April then next, when the contract stipulated that full possession of the place should be given. From this it…