Colstad v. Levine

Matson, Justice.

In an action for specific performance, defendant Levine appeals from an order denying Ms motion for a new trial. 2

Plaintiffs, partners in the manufacture of counter tops and tables, seeking to obtain a new business location, purchased from the defendant an old residential property described merely by its street address in a memorandum agreement which, insofar as here pertinent, provides:

“Sept. 22, 1918

“Eeeeived of * * * [plaintiffs] Five Hundred ($500.00) Dollars as a guarantee of good faith accompanying offer of $12,500, on terms as follows: $2000.00 on or before Sept. 25,…