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LETT v. MARKHAM

No. 526.

145 S.E.2d 907 (1966)

266 N.C. 318

G. G. LETT, Administrator of the Estate of Curley Lett, Deceased, v. James A. MARKHAM and wife, Marie W. Markham.

Supreme Court of North Carolina.

January 14, 1966.

Attorney(s) appearing for the Case

Bunn, Hatch, Little & Bunn, by E. Richard Jones, Jr., and Thomas D. Bunn, Raleigh, for plaintiff appellant.

J. C. Keeter, Raleigh, for defendant appellees.

HIGGINS, Justice.

The record evidence, consisting of the option and the deed, disclosed the sale of the described lands by the plaintiff's intestate for the sum of $5,000.00, either in cash or upon specific terms: $100.00 cash at the time the option was signed; $1,400.00 in addition to be paid on the day the option was exercised, the balance of $3,500.00 to be in annual payments beginning January 1, 1964. The deed recited a consideration of $10.00 "and other valuable...

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