Michigan Supreme Court October 4, 1926, Docket No. 35. (Mowat v. Walsh)

Clark, J.

Plaintiff was purchaser and defendant vendor in a land contract, dated March 1, 1920, covering 12 lots in Detroit, the unpaid portion of the purchase price being $3,600, “payable on or before July 1, 1922.” Plaintiff did not reduce the principal debt. On June 30,1922, he wrote to defendant saying, “Can’t you extend it (time of payment) another year or six months?