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LOCKE v. BORT

10 Wis.2d 585 (1960)

LOCKE and another, Respondents, v. BORT, Appellant.

Supreme Court of Wisconsin.

June 7, 1960.

Attorney(s) appearing for the Case

For the appellant there was a brief and oral argument by Crosby H. Summers of Janesville.

For the respondents there was a brief by Arnold, Caskey & Collins of Beloit, and Geffs, Geffs, Block & Geffs of Janesville, and oral argument by Jacob Geffs and E. J. Caskey.

CURRIE, J.

The issue presented by this appeal is whether the wording, "when . . . terms of financing balance of purchase price agreeable to purchaser have been arranged not to exceed thirty days from date of this agreement," constitutes a condition precedent or a mere method of fixing time for payment of the balance of the purchase price.

Restatement, 1 Contracts, p. 359, sec. 250 (a), recognizes conditions precedent in contract law, and states that, when...

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