Neuman v. Demmer

OPINION

NORTON, Judge.

This is an appeal from a judgment filed January 12, 1987, in which the trial court ruled that a promissory note did not survive the cancellation of a contract for deed. Both parties had previously brought summary judgment motions, which were denied on the grounds that a material fact was in issue: whether the parties intended the note to substitute as cash and as a present payment or whether the note represented a promise of future payment. After a trial on stipulated facts, the court ruled that Novus Equities Corp. v. EM-TY Partnership, 381 N.W.2d 426 (Minn.1986),…