Kelly v. Sullivan

Appellant’s main contention is that his agreement with the respondent was not a valid contract because the recited consideration of $5 was not paid and because no description- of the property was given in the writing of November £4, 1945.

If it was otherwise valid, the November 24th agreement would be enforceable even if the phrase, “in consideration of $5,” had not been included. It is clear from the rest of the writing that there is ample consideration for the seller’s promise to convey a warranty .deed, for the buyer in effect promises to pay the sum of $8,600 mentioned in the agreement.…