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IN RE METROPLEX REALTY TRUST

Bankruptcy No. BK-4-77-434.

1 B.R. 204 (1979)

In re METROPLEX REALTY TRUST, Debtor. METROPLEX REALTY TRUST, Plaintiff, v. POST PLAZA, INC., Troy V. Post and Emma Lou Post, Defendants.

United States Bankruptcy Court, N.D. Texas, Fort Worth Division.

November 26, 1979.

Attorney(s) appearing for the Case

Joe Colvin, for plaintiff.

Jay M. Vogelson, Dallas, Tex., for defendants.

MEMORANDUM OPINION

JOHN FLOWERS, Bankruptcy Judge.

This adversary proceeding involves a dispute regarding the interpretation of a written contract. The debtor sold certain real property in which the defendants claim a twenty-five percent interest to the extent the net proceeds of sale exceeded $750,000.00. The parties are in agreement the value of the 25% interest is $51,843.10. The defendant contends the entire amount is due now in cash. The debtor contends...

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