Cavos v. Geihsler

Plaintiff in error Cavos sold a residence property located in the city of Denver, to defendants in error James and Lisetta Geihsler. The property was subject to an encumbrance in the amount of three thousand dollars, which the Geihslers assumed and agreed to pay as part of the purchase price. In addition thereto, the remainder of the purchase price, fifteen hundred dollars, was to be paid, two hundred dollars upon execution of the contract, and thirteen hundred dollars in specified monthly payments. The contract was executed July 1, 1935.

Defendants in error were unable to make all payments…