Bean v. Hallett

In this action, the appellants seek to recover the initial payment made to the respondents on an executory contract for a deed to certain real estate.

The contract was dated April 14, 1949, and appellants then made the first payment on the purchase price. The next payment was due on April 14,1950. Appellants were to have possession of the property as long as they performed the terms of the agreement. They agreed, among other things, to keep the premises in good repair, and the buildings insured for not less than fifteen hundred dollars. Provision was made for forfeiture of the contract at the…