Taylor v. Williams

In the month of March, 1889, C. M. Williams, defendant in error, entered into a contract of purchase of certain real estate in the city of Trinidad with the plaintiff in error, D. L. Taylor. The consideration price for the property was $7,500; $500 was paid at the time of entering into the contract ; the balance of $7,000 was to be paid upon the execution and delivery of the abstract of title, together with a warranty deed.

At the time of the payment of the money the following writing was executed by Taylor:

“ Trinidad, Colo., March 9,1889.

Reced of C. M. Williams five hundred payment on acc. of…