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SOUTHERN PARKWAY CORP. v. LAKEWOOD PARK CORP.

No. 15542.

281 F.2d 610 (1960)

SOUTHERN PARKWAY CORPORATION and Theodore N. Lerner, Appellants, v. LAKEWOOD PARK CORPORATION, Appellee.

United States Court of Appeals District of Columbia Circuit.

Decided June 23, 1960.

Petition for Rehearing Denied July 19, 1960.

Attorney(s) appearing for the Case

Mr. James E. Hogan, Washington, D. C., for appellants. Messrs. Arthur J. Hilland and Stanley Klavan, Washington, D. C., were on the brief for appellants.

Messrs. David G. Bress and Leonard Braman, Washington, D. C., for appellees.

Before PRETTYMAN, Chief Judge, and EDGERTON and WILBUR K. MILLER, Circuit Judges.

WILBUR K. MILLER, Circuit Judge.

For the purpose of forming a subdivision near Fort Pierce, Florida, Lakewood Park Corporation divided certain acreage into thirteen units, divided each unit into blocks, and divided each block into lots. There were 3,900 lots in all. When only about 500 of the lots had been sold, Lakewood entered into a written contract with Southern Parkway Corporation dated October 22, 1956, by the terms of which Lakewood, as the seller, employed...

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