Allen v. Borlin

The plaintiffs were the owners of .a building and equipment in Farina, Illinois, used as a locker plant for processing and storing frozen foods. They contracted with Keith Berlin, defendant, to sell to him the real estate, business and equipment of the locker plant at a price of $18,500. The contract was dated April 1, 1947, and provided for a down payment of $625 with the balance payable in annual instalments over a period of years, with interest at 5 per cent per annum, the first instahnent of $2,500 being due July 15,1947.

The contract further provided that any additions should become part…