Burstein v. Alldis

Albert E. Alldis was a real estate broker in the city of Detroit, doing business under the assumed name of Alldis & Co., with whom the owners had listed for sale lots 13 and 14 in the Cass Farm subdivision on Ledyard street in the city of Detroit. On April 13,1920, plaintiff tentatively bought those lots from or through him, agreeing to pay therefor $140,000, $20,000 within 30 days, $5,000 in 6 months, $5,000 in a year and the balance in two years with interest at 6 per cent, per annum on deferred payments. Plaintiff made a deposit of $1,000 and received from defendant an agreement receipt in…