Rathbun v. Herche

In this suit for specific performance of a preliminary agreement for the contract purchase of a seven-story office building in Grand Rapids, plaintiff, Milo D. Rathbun, prevailed and defendant, Marshall F. Her che, has appealed. The preliminary agreement as finally signed by the parties reads:

“I agree to purchase, through H. P. Deeb and M. G. Deeb, from Marshall P. Herche, the property known as the Ashton Building, lot 3, section 17, plat village of Grand Rapids, Campau plat, Kent county, Michigan, 74-78 Ionia ave., N. E., Grand Rapids, Michigan, for the sum of $140,000, the terms as follows:…