Croskey v. Stockley

Opinion by

Porter, J.,

The appellant, as attorney for the other defendants, on March 2,1923, entered into a written agreement with the plaintiff for the sale to the latter of a residence in the city of Philadelphia, for the consideration of $27,000. Five hundred dollars of the purchase money was paid upon the execution of the agreement; the sum of $1,500 was to be paid on March 9, 1923, and the balance at time of settlement. The agreement containéd a covenant that a first mortgage of $15,000, then a lien upon the property, should remain, leaving a balance of $10,000 to be paid in cash at the…