Smith v. O'Dell

On May 2, 1917, a firm known as the Haley-Kennedy Construction Company, officed in the Penobscot building at Detroit, gave to plaintiff, Smith, a contract for purchase of a lot in a subdivision in the south part of Oakland county near Detroit, at a stated price of $2,445, including in said contract a residence to be erected thereon by the construction company according to certain specifications made part of the contract. The contract provided for a cash payment of $600, with deferred payments of $25 each month for five years, when the unpaid balance fell due. At the time of making the…