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STRAFER v. BODNEY

No. 42349.

247 S.W.2d 630 (1952)

STRAFER v. BODNEY et al.

Supreme Court of Missouri, Division No. 2.

Rehearing Denied April 14, 1952.

Attorney(s) appearing for the Case

Raymond G. Barnett and S. M. Wasserstrom, both of Kansas City, for appellants.

William G. Boatright, Kansas City, for respondent.

WESTHUES, Commissioner.

Respondent Strafer purchased from appellants, Daniel F. Bodney and Edward A. Devins who were partners in business, the Baltis Theatre located in Kansas City, Missouri. Strafer took charge of the theater on November 11, 1949. The purchase price was $35,000. Strafer paid $15,000 cash and gave notes amounting to $20,000 and a chattel mortgage on the theater equipment to secure the payment of the notes. Monthly payments on the principal and interest...

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