Gooden v. Bonner

MADDOX, Justice.

Complainant, Olin F. Bonner, filed a bill to redeem thirty-seven acres of land after respondent, Mamie Gooden, foreclosed a vendor’s lien on the property. The lower court ordered Gooden to execute all documents to convey title to Bonner. Respondent appeals.

The parties agreed on most of the facts. Gooden sold the property to Bonner in 1969 for $30,000. Bonner paid $8,000 down. Gooden executed a deed to Bonner reserving a vendor’s lien which deed was duly recorded. Bonner was to pay $2,500 per year on the remaining indebtedness. Bonner made one payment in 1970. The vendor’s lien…