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WEST FOREST CORP. v. TIMBER RUN DEVELOPMENT

No. 45602.

664 S.W.2d 48 (1984)

WEST FOREST CORPORATION, Plaintiff-Respondent, v. TIMBER RUN DEVELOPMENT COMPANY, Defendant-Appellant.

Missouri Court of Appeals, Eastern District, Division Two.

January 17, 1984.

Attorney(s) appearing for the Case

Ziercher, Hocker, Human, Michenfelder, Nations & Jones, Robert C. Jones, Clayton, for defendant-appellant.

Raskas, Ruthmeyer, Pomerantz & Wynne, Jerome F. Raskas, Jay E. Sushelsky, St. Louis, for plaintiff-respondent.

DOWD, Chief Judge.

Plaintiff, West Forest Corporation (West Forest), brought an action in two counts against defendant, Timber Run Development Company (Timber Run), arising from an alleged breach of an option to sell certain real property.

The facts involved in the transaction are essentially undisputed. A group of investors, who later become the principals in the subsequently incorporated West Forest, assembled to purchase 18.5 acres of unimproved land. One...

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