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RYDER v. WESCOAT

No. KCD 27484.

535 S.W.2d 269 (1976)

Alfred RYDER and Mary Ann Ryder, Appellants, v. Max WESCOAT and Virginia Wescoat, Respondents.

Missouri Court of Appeals, Kansas City District.

Motion for Rehearing and/or Transfer Denied March 29, 1976.

Application to Transfer Denied May 5, 1976.

Attorney(s) appearing for the Case

Ronald A. Barker, Andrew A. Krohn, Barker & Krohn, Princeton, for appellants.

Wm. H. Norton, Jr., Norton & Pollard, Inc., North Kansas City, for respondents.

Before TURNAGE, P. J., and WELBORN and HIGGINS, Special Judges.

TURNAGE, Presiding Judge.

This case poses the problem of a rejection on the part of an option holder and a subsequent acceptance within the time limited. The trial court held the rejection terminated all rights under the option. This court holds the option rights were not terminated.

Wescoat, for a valuable consideration, gave Ryder an option to purchase a 120 acre farm upon which Wescoat held an option. The parties agree the deadline for Ryder to exercise...

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