Miller v. Gordon

June 9, 1919, Morris Miller, appellee, and Nathan E. Gordon and Lena Gordon, appellants, entered into a written contract whereby appellants agreed to sell and appellee agreed to buy, for a consideration of $24,500, certain business property commonly known as 3320 West Twelfth street, in the city of Chicago. Appellee agreed to assume a mortgage indebtedness of $8500 and to pay $1000 at the time of the execution of the contract and $15,000 within five days after he had approved the title to the property, provided appellants had then executed and had ready for delivery a warranty deed conveying…