(Download) "Johnston v. Gann" by Supreme Court of Kansas " eBook PDF Kindle ePub Free
eBook details
- Title: Johnston v. Gann
- Author : Supreme Court of Kansas
- Release Date : January 09, 1964
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 50 KB
Description
The opinion of the court was delivered by This was an action to recover for alleged breach of contract.
Judgment was for plaintiffs and defendants have appealed. In the summer of 1961 plaintiffs Johnston, being husband and
wife, were the owners of a trailer court in the city of Wichita.
In July it was orally agreed between them and defendants Gann,
they being husband and wife, that plaintiffs would sell an
undivided one-half interest in the trailer court to defendants.
Accordingly, on August 22, a written "Partnership Agreement" was
executed by plaintiffs and defendants whereby plaintiffs sold and
defendants purchased the undivided one-half interest in the
property. The agreement contained mutual options whereby
defendants were given the first opportunity to buy out in the
event they desired to sell — and vice versa. This agreement was
in full force and effect at all subsequent times material.