Burke v. Mierenfeld

February 15, 1917, Arthur W. Dickinson entered into an agreement to convey by warranty deed to Albert Mierenfeld and Charlotte Mierenfeld, “as joint tenants,” a certain residence property in Chicago for the sum of $4300, $300 of which was paid in cash and the balance to be paid in monthly installments of $35 until there remained but $2200 to be paid, when the purchasers were to receive a warranty deed, subject to a mortgage for that amount. The agreement contained the usual provisions protecting the seller in the event the purchaser failed to comply with the contract, including forfeiture for…