Berry
Economy Home Builders, Inc. v. Berry
Opinion
Lead Opinion
Finch, J.
The plaintiff brought this action to recover damages for alleged breach of contract to sell it 10 acres of land, which, together with two adjoining tracts, it planned to subdivide and sell as city residence lots. In addition to answering the allegations of the complaint, the defendants filed a cross-complaint to quiet their title to the land. Judgment was entered in favor of the defendants, quieting their title and denying any relief to the plaintiff. The plaintiff has appealed. The appellant did not file a reply to the respondent’s brief or appear at the time fixed for oral argument, and the appeal was ordered submitted on the plaintiff’s opening brief and the respondents’ reply thereto.
December 19, 1923-, L. M. Moore, acting for and on behalf of the plaintiff, entered into an agreement with the defendants, evidenced by contemporaneous escrow instructions, by the terms of which the defendants agreed to sell and convey to the plaintiff, within 30 days from the date thereof, the land in question for $33,750, of which $5,000 was to be deposited in escrow, together with plaintiff’s two promissory notes, one for $14,375 payable in 90 days and the other for $8,375 payable in 180…