OLSON v. BARNICK

No. 48395.

61 N.W.2d 733 (1953)

OLSON v. BARNICK.

Supreme Court of Iowa.

December 15, 1953.


Attorney(s) appearing for the Case

Raymond S. Hill, Sioux City, and Kindig & Beebe, Sioux City, for appellant.

Huff & Crary, Sioux City, for appellee.


OLIVER, Justice.

January 30, 1952, defendant and plaintiff executed a contract, Exhibit B, on a printed form, for the sale by defendant to plaintiff of an apartment building in Sioux City, together with itemized furniture and equipment therein, for $55,000, of which $10,000 was then paid. The contract provides the remainder, with interest at 4½ per cent., shall be paid at the rate of $300 per month. It contains a forfeiture clause and recites that, upon full...

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