Stankey v. Godwin
Washington Supreme Court
1Opinion of the CourtBeals, J.
Plaintiffs, Fred and Matilda F. Stankey, being the owners of a farm in Cowlitz county which was subject to a mortgage upon which there was due almost $3,000, agreed, by contract of conditional sale, dated August 12, 1927, to sell the farm, including the land, stock, farm machinery and some farm produce, to defendant, Annette Godwin, for the sum of $11,-000; of which $262.50 was paid in cash; the remainder of the purchase price to be paid, first, by the assumption of the mortgage, the balance, with interest at six per cent (payable monthly for the first two-year period), $1,000 on or before…
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