[DOWNLOAD] "Steel v. Eagle" by Supreme Court of Kansas * Book PDF Kindle ePub Free
eBook details
- Title: Steel v. Eagle
- Author : Supreme Court of Kansas
- Release Date : January 10, 1971
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 51 KB
Description
The opinion of the court was delivered by This is an action to recover damages for breach of an "Option
Contract" entered into by the plaintiffs, who are former
stockholders of the William Kelly Milling Company located in
Hutchinson, and the defendant, C.E. Eagle. The district court
rendered judgment in favor of plaintiffs, and defendant has
appealed. The factual background of the present controversy began May 7,
1968, when the parties entered into a written contract entitled
"Option to Purchase." Under the terms of that instrument
defendant was granted the exclusive right to purchase plant "A"
of the milling company for the sum of $93,000, the option to
exist until December 1, 1968. The recited consideration was "One
Dollar," payment of which was acknowledged.