Stout v. Porritt

This is a suit for specific performance of a land contract. Defendants filed cross-bill, asking that the contract be declared void for various reasons.

On January 29, 1925, Donald Porritt, as administrator of the estate of Addie L. Dutton, deceased, executed to plaintiff a six months’ option to purchase a 110-acre farm on land contract for $15,000, the down payment to be $5,000. It is conceded that the option was of no legal effect. However, on July 29th, plaintiff telegraphed Donald Porritt an acceptance of the option and stated the down payment had been deposited in a bank. The property was…