Clay v. Clay's Committee

*495Opinion op the Court by

Judge Clarke —

Reversing.

In the latter part of February or early in March, 1913, George Clay verbally agreed with S. Brooks Clay, who was his neighbor but not related to him, to sell him his farm of 296 acres in Bourbon county for $12,000.00 cash and eleven annual payments of $2,040 each, with interest thereon from maturity, and the further sum of $5,000.00 payable upon the death of George Clay, who retained a life estate in fifty acres of the land, including the improvements. Shortly thereafter, George Clay had a deed prepared conforming to this contract, which he and…