Supreme Court of Kansas November 6, 1920, No. 22,648 (Rice v. Vaughn)

The opinion of the court was delivered by

Mason, J.:

On August 29,1903, A. J. Rice and John Vaughn entered into a written contract for the sale by the former to the latter of a tract of land for the sum of $500, of which $100 was then paid; the remainder was made payable in installments bearing 8 per cent interest, the last of which matured in four years; time was made of the essence of the