Yarcho v. Dawson

On July 16, 1928, the appellant was the owner of 160 acres of land located in Palo Alto County, this state. At said time the appellee was the owner of certain property located in Waverly, which was used as a garage. On said date the parties entered into a written contract for the exchange of said properties. The terms of the written contract required that the appellee should assume and pay a certain mortgage upon said farm, to the extent of $7,800. The garage property of the ap-pellee was to be conveyed free and clear of encumbrance. The appellee subsequently refused to perform said contract,…