(Download) "Andrew J. Blinzler and Mary E. Blinzler V." by Supreme Court of Idaho No. 10591 # Book PDF Kindle ePub Free
eBook details
- Title: Andrew J. Blinzler and Mary E. Blinzler V.
- Author : Supreme Court of Idaho No. 10591
- Release Date : January 23, 1971
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 64 KB
Description
This appeal concerns two land sale contracts, both of which are quite similar in content, concerning two farms located near
each other in Boundary County. The Blinzlers (plaintiffs-respondents) negotiated for the simultaneous purchase of both farms
from two brothers, James R. Andrews and Milton D. Andrews, and wife (defendants-appellants). Both contracts were signed by
the Blinzlers November 25, 1959, and signed by the Andrews December 7, 1959. The James R. Andrews contract provided for a purchase price on the farm of $52,500.00, with $9,000 down and $3,500 due December
1, 1960 and each December 1 thereafter until the principal was paid. The Milton D. Andrews contract stated a price of $40,000
with $7,000 down and $2,750 due December 1, 1960 and each succeeding December 1. Each contract provided for 5% interest on
the deferred payments with the accumulated interest deducted from the annual payment and the balance applied to the principal.
In both contracts, the relevant obligations of the Blinzlers were: to pay all taxes and assessments, to insure the annual
crop, and to pay all the Andrews' reasonable attorney fees for any suit arising out of the agreements. The James R. Andrews
contract also provided that the Blinzlers were to insure the buildings on the farm.