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STREIT v. KING

54 So.2d 522 (1951)

STREIT et al. v. KING et al.

Supreme Court of Florida, Division A.

Rehearing Denied November 6, 1951.

Attorney(s) appearing for the Case

Loftin, Anderson, Scott, McCarthy & Preston, Miami, for appellants.

Ward & Ward and Blackwell, Walker & Gray, Miami, for appellees.

TERRELL, Justice.

February 8, 1950, C.B. King, John H. Gerken and M.F. Pafford by option contract in writing agreed to sell J. Bradley Streit a controlling interest in Maule Industries, Inc. of Miami, Florida. The contract was in the form of a letter addressed to J. Bradley Streit, it was accompanied by a $10,000 binder and was signed by appellees. March 9, 1950, appellees returned the binder to Streit and induced him to enter into a new contract. These contracts...

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