Des Moines Marble & Mantle Co. v. McConn

The appellants vendee and wife present three points for reversal: Error (1) in establishing mechanics’ liens as superior to vendor’s lion, (2) in failing to establish homestead rights in “the dwelling flat in the building in question,” (3) in appointing a receiver of the rents and profits.

The contract of sale by the McConns to Ebinger fixes the purchase price at $25,000, “payable $5,000 cash in hand * * * the balance of said consideration $20,000 as follows, to wit: (the party of the second part contemplating making extensive improvements during the year 1923), $1,000 on March 10, 1924, and…