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RAYBURN ET UX. v. CRAWFORD ET UX.

187 Or. 386 (1949)

211 P.2d 483

RAYBURN ET UX. v. CRAWFORD ET UX. AND FIRST NATIONAL BANK OF EUGENE

Supreme Court of Oregon.

Reversed November 15, 1949.

Attorney(s) appearing for the Case

L.L. Ray, of Eugene, argued the cause for appellants. On the brief was H.E. Slattery, of Eugene, since deceased.

Frank B. Reid, of Eugene, argued the cause for respondents. On the brief were Reid & Bartle, of Eugene.

Before LUSK, Chief Justice, and BRAND, ROSSMAN, BAILEY and HAY, Justices.

HAY, J.

On March 1, 1946, the plaintiffs, Wilbur L. Rayburn and Iva B. Rayburn, husband and wife, sold to the defendants Roy M. Crawford and Stella May Crawford, husband and wife, a tract of land comprising some 1,200 acres in Lane County, Oregon. The agreed price was $36,000, of which $21,000 was credited as a down payment and the remainder was made payable at the rate of $1,000 a year, with interest. A contract of sale was...

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