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MOHR PARK MANOR, INC. v. BANK OF NEVADA

No. 6427.

490 P.2d 217 (1971)

MOHR PARK MANOR, INC., A Nevada corporation, and James M. McGroarty, Appellants, v. BANK OF NEVADA, Administrator, with the will annexed, of the Estate of Anna Mohr, Respondent.

Supreme Court of Nevada.

Rehearing Denied November 19, 1971.

Attorney(s) appearing for the Case

Beckley, DeLanoy & Jemison, Las Vegas, for appellants.

G. William Coulthard and Coulthard & Smith, Las Vegas, for respondent.

OPINION

PER CURIAM:

This matter concerns an option agreement for the purchase of real property, and is before us for the second time. The agreement was executed on March 2, 1962, between Anna Mohr as optionor-seller and Mohr Park Manor, Inc., as optionee-buyer and concerned approximately 150 acres of land in Clark County, Nevada, to be sold for $3000 per acre. The buyer intended to secure financing with which to pay for the land, subdivide it and build thereon...

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