WHITE & BAXTER, INC. v. JADE SQUARE & TOWER, LTD.


62 A.D.2d 963 (1978)

White & Baxter, Inc., et al., Respondents, v. Jade Square and Tower, Ltd., Appellant, et al., Defendants

Appellate Division of the Supreme Court of the State of New York, First Department.

April 24, 1978


Plaintiff White & Baxter, Inc. (White), is a corporation wholly owned by one Firestone who was the owner of certain property. In 1974, title to the property was deeded to White and immediately reconveyed to Firestone. In 1976, White gave an option for sale to Bersen and the premises were to be conveyed through Firestone or White. Later, Bersen assigned the agreement to Jade. Attached to the option agreement was a contract of sale which was to become effective upon the...

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