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KAMMERT BROS. ENTERPRISES, INC. v. TANQUE VERDE PLAZA CO.

No. 2 CA-CIV 76.

4 Ariz. App. 349 (1966)

420 P.2d 592

KAMMERT BROTHERS ENTERPRISES, INC., a corporation, Appellant, v. TANQUE VERDE PLAZA COMPANY, a corporation, Appellee.

Court of Appeals of Arizona.

Rehearing Denied December 23, 1966.

Review Granted January 31, 1967.

Attorney(s) appearing for the Case

Chandler, Tullar, Udall & Richmond, by Robert S. Tullar, Johnson, Darrow, D'Antonio, Hayes & Morales, by J. Mercer Johnson, Lesher, Scruggs, Rucker, Kimble & Lindamood, by Robert O. Lesher, Tucson, for appellant.

Morris M. Grupp, San Francisco, Cal., Boyle, Bilby, Thompson & Shoenhair, by Richard M. Bilby, Tucson, for appellee.

WILLIAM C. FREY, Superior Court Judge.

This is an appeal from a judgment in the sum of $244,399.14 in favor of the plaintiff, Tanque Verde Plaza Company, a corporation, hereinafter referred to as "buyer" and against Kammert Brothers Enterprises, Inc., hereinafter referred to as "seller." The action arises out of a contract for the sale of real estate between two closely-held corporations.

The seller-corporation is owned equally by its officers and directors...

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