Stauch v. Daniels

Defendant listed a farm of 62 acres with plaintiff for sale at $325 per acre. Plaintiff, for himself and Nenian T. Shaw, offered, in writing, to purchase at $300 per acre, pay $100 upon acceptance of the offer, $400 upon execution and delivery of land contracts, and the balance in semi-annual payments of $500 or more, with interest at 6 per cent. Later Shaw transferred his rights to plaintiff. An abstract showing merchantable title was to be furnished. Defendant consulted an attorney, and advised with her banker, who was familiar with the value of the farm, accepted the offer in writing, and…