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AUSTRALASKA CORPORATION v. SISTERS OF CHARITY

No. 479.

397 P.2d 966 (1965)

AUSTRALASKA CORPORATION, an Alaskan corporation, Appellant, v. SISTERS OF CHARITY OF THE HOUSE OF PROVIDENCE IN THE TERRITORY (NOW STATE) OF WASHINGTON, a Washington corporation, Appellee.

Supreme Court of Alaska.

January 4, 1965.

Attorney(s) appearing for the Case

Eben H. Lewis, of Robison, McCaskey & Lewis, Anchorage, for appellant.

Hugh G. Wade, of Wade & Conway, Anchorage, for appellee.

Before NESBETT, C.J., and DIMOND and AREND, JJ.

AREND, Justice.

This is an action between two corporations wherein the one, Australaska Corporation, as plaintiff-appellant (hereinafter also designated Australaska), is seeking to recover an earnest money payment from the other, the defendant-appellee, sometimes referred to herein as Sisters of Charity. The appellant also demands damages from the appellee in the amount of $300,000 for the alleged breach of an option contract by the appellee as optionor.

The...

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