HOLLAND, Justice.
Philip and Melba Niernberg, husband and wife, defendants in the trial court, as owners of certain real estate entered into a sales agreement with Nathan B. and Esther Feld, which agreement was designated as "Receipt and Option." The Felds paid $1,500 as a deposit on the agreed purchase price of $27,000, the balance to be paid on or before May 5, 1952, part in cash and part by a note secured by deed of trust on the property. Abstract of title was...
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