Williams v. Gulick

Opinion by

Mr. Justice Lee.

Plaintiffs in error, Meredith Williams and Mary Louise Williams, were defendants in the trial court, and defendants in error, Peter H. Gulick and Sue S. Gulick, were plaintiffs. They will be referred to herein as “Williams” and “Gulick.”

On July 2, 1963, a written agreement was entered into by which Gulick agreed to purchase from Williams' a dwelling house in Colorado Springs. The purchase price was $22,200, of which $4,200 was paid at the time of the execution of the agreement, and the balance of $18,000 with interest at 6.25% was payable in monthly installments of…