Des Moines Joint Stock Land Bank v. Wyffels

This is an appeal from an order of the district court satisfying and discharging of record a judgment recovered by the plaintiff against the defendant for an unpaid instalment on a contract for deed wherein the plaintiff was the vendor and the defendant the vendee.

September 20, 1929, defendant contracted to purchase a farm from the appellant at the agreed price of $17,600; $500 in cash, $2,000 on March 1, 1930, the balance payable in instalments over a period of years. The defendant defaulted in the payment of the $2,000 instalment and in the interest which was due September 1, 1930. The…