Alropa Corporation v. King's Estate

On March 6,1926, the deceased, Merrill B. King, and wife contracted to purchase certain real estate located in the State of Florida, the purchase price of which was $6,500, payable 25 per cent, down and the balance in six promissory notes for $812.50 each, payable one every six months. Note one and the first instalment of interest on all notes became due September 6, 1926. The notes are negotiable instruments and contain no reference to the purchase of land from the Shoreland Company or the land contract that required certain development work to be done by the Shoreland Company which work has…