[DOWNLOAD] "Las Mendozas Inc. v. Powell" by United States Court of Appeals for the Fifth Circuit " eBook PDF Kindle ePub Free

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eBook details

• Title: Las Mendozas Inc. v. Powell
• Author : United States Court of Appeals for the Fifth Circuit
• Release Date : January 04, 1966
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 59 KB

Description

WEST, District Judge: This case involves a rather complicated real estate transaction that failed to materialize as planned. Appellant, Las Mendozas, Inc., a Colorado corporation, was engaged in the business of buying, selling, and trading lands in the United States, Brazil, and other countries. On October 10, 1960, H. K. Johnston, President of and acting for appellant, Las Mendozas, entered into a written agreement with appellee, C. G. Johnson, whereby it was agreed that C. G. Johnson would convey 1040 acres of land in Douglas County, Missouri, along with certain other described property to appellant, Las Mendozas, in exchange for certain corporate stock to be delivered by appellant to C. G. Johnson. The stock to be transferred to C. G. Johnson was to be acquired by appellant from one Ted F. Dunham in exchange for some land in Brazil which appellant was to convey to Dunham. Appellee, Rattikin Title Company, was to act as closing agent for the transaction, and, according to the express terms of the written agreement of October 10, 1960, appellee, W. H. Powell, a realtor, was to act as agent for both appellant, Las Mendozas, Inc., and C. G. Johnson.

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