Opinion ID: 1690049
Heading Depth: 1
Heading Rank: 3

Heading: Breach of Contract by Respondents.

Text: By letter of July 11, 1962, respondent Raymond Harris informed Joseph Restle that if certain interest and principal payments were not received by July 13th, Hope Acres, Inc., would be considered in default of contract, and the contract of March 17th will then be terminated. On July 14th Harris wrote Restle that the contract was terminated. The trial court held that the contract was not terminated by this correspondence because respondents had not given reasonable notice for payment. [6] Appellant argues that respondents' repudiation and their subsequent failure to convey lots constituted a breach. Yet appellant closes with the revelation that: In the instant case, repudiation of the contract by the defendants was rectified by the decree for specific performance adjudged in the trial court. A more-accurate appraisal could not have been made. Appellant won a decree for specific performance and its position could not be improved here by a holding that there was a breach of contract by respondents.