Lane v. Neifert

In a memorandum of agreement, entered into on May 5, 1924, the defendants agreed to sell to Frank D. Livernois a farm owned by them at a price therein agreed upon. Recognizing that the rights of Livernois had been transferred to plaintiff, defendants entered into a contract on November 10, 1924, to sell the property to him for $122,280, of which a payment of $1,000 was then made. Defendants furnished an abstract of title as agreed. Upon examination by plaintiff’s attorney, it was discovered that the lands were not correctly described in the contract. He prepared a deed and mortgage,…