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REYNOLDS v. MAPLES

No. 14556.

214 F.2d 395 (1954)

REYNOLDS et al. v. MAPLES.

United States Court of Appeals Fifth Circuit.

June 23, 1954.

Attorney(s) appearing for the Case

Ben F. Cameron, Charles B. Cameron, R. W. Thompson, Jr., Gulfport, Miss., V. W. Gilbert, O. Winston Cameron, Meridian, Miss., for plaintiffs and appellants.

Luther Maples, Gulfport, Miss., M. M. Roberts, Hattiesburg, Miss., J. O. Moss, Darwin Maples, Lucedale, Miss., for appellee and cross-appellant.

Before BORAH and RUSSELL, Circuit Judges, and DAWKINS, District Judge.

RUSSELL, Circuit Judge.

On May 4, 1951, for and in consideration of $1,000 cash in hand paid, Florian Maples granted to L. O. Murphy and C. B. Cameron a 24 day option to purchase certain described timber, agreeing to execute and deliver a warranty deed covering the timber to the Commercial National Bank, Laurel, Mississippi, "if and when the additional sum of $199,000.00, is deposited in said bank by the said L. O. Murphy and C. B. Cameron, on or before May 28, 1951...

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