Stamper v. Ford's Adm'x

COMBS, Justice.

The appellant, C. A. Stamper, and his wife had their farm in Oldham County sold at auction on July IS, 1949. H. H. Ford was the high bidder at $4,300. Ford paid 20%. of the purchase price, or $860, and a written contract embodying the terms of the sale was executed by the parties. It was provided in the contract that the balance of the purchase price would be paid on or before January 1, 1950, “when deed is delivered.” The purchaser was to pay the 1949 taxes and the tobacco sold from the farm before January 1, 1950 was “to be paid to the seller and applied to the purchase…