Gassel v. Franjac

This bill for specific performance was met by a cross bill for foreclosure. The con troversy stems from inability of tbe plaintiff vendees to comply with, tbe payment schedule set forth in a land contract for sale to them, by defendants, of certain acreage plaintiffs intended to develop as a residential subdivision, and from disputes, arising after the contract had been executed, over a claimed and denied agreement modifying the originally agreed payment terms. * In só many words plaintiffs claim that, by subsequent acts and understandings of the parties, defendants agreed to receive payments…