Hooker v. De Palos

On the 25th of October, 1866, John J. Hooker and Col. A. E. Jones entered into a written contract to sell and convey to J. S. De Palos and E. H. O. Phillips, in consideration of $3,000' cash in hand, and $23,000, payable, $8,000 November 25,1866, and $15,000 December 20,1866, and 1,000 tickets in a gift enterprise (in which said lands were to constitute prizes), between said last dates, a tract of land in Spencer township, Hamilton county, Ohio, containing nearly eleven acres. It was also agreed that if De Palos & Phillips made default in payment, Hooker and Jones had the option to consider…