Trust Co. v. Neal

1. A paper provided: “The undersigned hereby agrees to purchase . . the following' described property, to wit: [then follows a description of particular realty] for the sum of twenty-seven thousand, five hundred dollars ($27,500.00) to be paid as follows: Assumption of loan $9500.00, cash $7000.00, and the balance represented by [then follows a description of other realty]. [Signed] L. G-. Neal. The above proposition is hereby accepted . . [Signed] D. J. Griffin.” Held, that the language, “assumption of loan $9500.00,” construed in connection with its context, is too indefinite to identify…