Futrell v. Reeves

Opinion of the Court by

Judge Hannah

Affirming.

On February 2, 1914, T. E. Futrell, being tbe owner of a tract of land wbicb be. desired to sell, entered into%a contract with Gr. J. Reeves, employing bim to find a purchaser therefor, at the price of not less than $7,975 net to tbe owner, of which $4,975 was to be cash and tbe remaining' $3,000 to be paid by the -purchaser assuming a mortgage debt against- said land, held by tbe Union Central Life Insurance Company. Tbe contract contained -this additional stipulation: “It is further understood and agreed between tbe parties .that if the party of…