Wiley v. Lininger

Plaintiff in error was defendant in the trial court, and defendant in error was plaintiff. We will refer to the parties as they there appeared.

On April 25, 1946, plaintiff, by written contract, agreed to sell to defendant certain ranch property in Grand County, Colorado. Defendant paid $500.00 upon execution of the contract, agreed to pay an additional $4,500.00 within thirty days, and the balance of $20,000.00 in annual instalments beginning September 15, 1946. All deferred payments drew interest at the rate of five percent. At the time of the sale by plaintiff to defendant, plaintiff’s…