Feuchtenberger v. Williamson, Carroll & Saunders

These are the circumstances which give rise to this litigation: The appellant being the owner of certain lots, on March 23, 1922, entered into an agreement under seal to sell seven of them to Ada M. Wood. The purchaser agreed to pay $2,000.00 therefor, in ten monthly payments of $75.00 each, on the last day of each month ($750.00), and that after such ten monthly payments had been made the lots were to be conveyed in fee simple and the balance of the purchase money, $1,250.00, was to be secured by deed of trust, and all of such deferred payments were to bear six per cent. *581interest. The…