Beach v. Brightwood Co.

This is a suit for strict foreclosure of a contract to purchase real property. The plaintiffs, Ayho reside at Saginaw, Michigan, executed a written contract, dated April 7, 1925, whereby they agreed to sell certain property in Clackamas county, Oregon, to the defendant for $2,500; $500 was to be paid “on the execution and delivery of the contract; $500 or more one year from date; $500, or more, two years from date;” and the balance of the purchase price on or before three years from date. Plaintiff claims that defendant has made only the'; following payments: $500 on March 10, 1926; $300 on…