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451 CORP. v. PENSION SYS. FOR POLICEMEN, ETC.

No. 51821.

310 N.W.2d 922 (1981)

451 CORPORATION, et al., Appellants, v. PENSION SYSTEM FOR POLICEMEN AND FIREMEN OF the CITY OF DETROIT, et al., Respondents, F. T. Fish and F. T. Fish and Associates, Defendants.

Supreme Court of Minnesota.

Rehearing Denied November 25, 1981.

Attorney(s) appearing for the Case

Gray, Plant, Mooty, Mooty & Bennett and Curtis Forslund and George Soule, Minneapolis, for appellants.

Meagher, Geer, Markham, Anderson, Adamson, Flaskamp & Brennan and John Richard Bland, Minneapolis, for respondents.

Heard, considered and decided by the court en banc.

SIMONETT, Justice.

Plaintiffs sued for damages for breach of a contract to make a mortgage loan. The trial court ordered judgment for the defendants and plaintiffs appeal. We find the contract was unenforceable since a condition for its performance was not met, and we affirm.

Plaintiff 451 Corporation is a Minnesota corporation that acquired ownership of a large office-warehouse building in Minneapolis in 1972. The corporation is owned by plaintiffs Oliver...

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