Legal Opinion
Kretzinger v. Emering
Supreme Court of Iowa
Decided February 13, 1915PublishedCited by 5 opinions
Appeal from Carroll District Court. — Hon. M. E. Hutchinson, Judge. Action at law to recover remainder of the agreed consideration for the sale of land by plaintiffs to defendant. There was a judgment for plaintiffs and defendant appeals. The material facts are stated in the opinion.
1Opinion of the CourtWeaver, J.
On August 31, 1910, the plaintiff by written contract sold and agreed to convey to defendant 120 acres of land for the sum of $14,000. Of this sum defendant undertook to pay $1,000 upon the execution of the writing and the remainder upon terms stated as follows:
“Six thousand four hundred ($6,400) dollars on March 1st, A. D. 1911, and execute back to first parties or such person as they may direct a purchase money mortgage for seven thousand ($7,000) dollars, to bear interest at the rate of five and one-half per cent per annum, due in five years, but optional after two years, and it is also…
2Cases cited5 opinions
- McIndoe v. MormanWisconsin Supreme Court · 1870
- Worley v. NethercottCalifornia Supreme Court · 1891
- Hounchin v. SalyardsSupreme Court of Iowa · 1911
- Grote v. . City of New YorkNew York Court of Appeals · 1907
- Sill v. BurgessAppellate Court of Illinois · 1907
3Cited by5 opinions
- Richardson v. ShortSupreme Court of Iowa · 1925
- Pool v. First Nat. Bank of PrincetonCourt of Appeals of Kentucky (pre-1976) · 1941
- Carns v. SexsmithSupreme Court of Iowa · 1922
- Bain v. UllerichSupreme Court of Iowa · 1920
- Weech v. ReadSupreme Court of Iowa · 1929