John Ringling Estates, Inc. v. White

The appellees as assignee of one Linton E. Allen, a purchaser, instituted suit for the cancellation of a contract for the sale of certain real estate, and the recovery of the initial payment made by the purchaser. The complainants, appellees here, in their bill pray that a decree be entered requiring defendant pay amount due complainants, that a lien be declared upon the land in question, and that upon failure of defendant to pay the amount ascertained to be due complainants, the land be sold to satisfy the decree.

The contract is dated April 20, 1925, and the bill shows that the defendant,…