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COMMUTER DEV. & INV. v. GRAMLICH

No. 42061.

279 N.W.2d 394 (1979)

203 Neb. 569

COMMUTER DEVELOPMENTS AND INVESTMENTS, INC., Appellee, v. Leonard F. GRAMLICH and Laura Ann Gramlich, Appellants.

Supreme Court of Nebraska.

May 29, 1979.

Attorney(s) appearing for the Case

Finlayson, McKie & Fisk and L. R. Brodkey, Omaha, for appellants.

Chris M. Arps, Papillion, for appellee.

Heard before KRIVOSHA, C. J., McCOWN, and WHITE, JJ., and KORTUM and FAHRNBRUCH, District Judges.

KORTUM, District Judge.

This is an action for the specific performance, or in the alternative, for damages, for breach of an option contract for the purchase of real estate. The District Court found for the plaintiff on the basis that a valid enforceable option existed and assessed damages against the defendants.

The plaintiff, Commuter Developments and Investments, Inc., is a corporation engaged in oil well promotion and land development. In 1965 the plaintiff...

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