W. T. Bailey Lumber Co. v. Hendrickson

Plaintiff appealed from an order denying its motion for a new trial.

On April 22, 1927, the Minnesota Building & Loan Association, the fee owner, delivered to defendant John Soderholm a contract for deed covering certain lots in Virginia, the consideration of $1,400 being payable in monthly instalments.

Soderholm took possession. He assigned his contract to Seppala Brothers in the form of a subcontract to transfer. Seppala Brothers, having constructed a building on the premises, defaulted, and Soderholm canceled their contract and they dropped out of the picture. They did not hoivever pay for…