Supreme Court of Iowa January 20, 1925 (Mundt v. Comstock)

Evans, J. —

1. It appears from the pleadings that, in September, 1919, a contract of purchase and sale was entered into by and between the plaintiff and the defendant, for a certain half section of farm land, at an agreed purchase price of $64,000, of which amount $24,000 was then and there paid. The mortgage in suit was given for the balance.