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JOHNSON v. A-1 PETROLEUM, INC.

No. C7-84-179.

352 N.W.2d 504 (1984)

Hugh C. JOHNSON, Trustee in voluntary liquidation of H & J Investment, Inc., Respondent, v. A-1 PETROLEUM, INC., et al., Appellants. Roger A. FIDE, et al., Defendants, and A-1 Petroleum, Inc., et al., Appellants, v. Hugh C. JOHNSON, Trustee in voluntary liquidation of H & J Investments, Inc., Respondents.

Court of Appeals of Minnesota.

July 31, 1984.

Attorney(s) appearing for the Case

Thomas L. Kimer, Wendy J. Wildung, Steven L. Severson, Faegre & Benson, Minneapolis, for respondent.

John M. James, John D. Hagen, Jr., Minneapolis, for appellants.

Heard, considered and decided by PARKER, P.J., and FORSBERG and CRIPPEN, JJ.

OPINION

FORSBERG, Judge.

Appellants A-1 Petroleum, Inc., Red-Top Company, Crown Company, Inc., and Robert P. Mack appeal from the summary judgment entered against them in two related lawsuits that had been consolidated for trial. The consolidated actions arose out of respondent Johnson's sale of certain property and leasehold interests to appellants in 1970. The contract for sale, paragraph 9, provided for the payment of $50,000 of the purchase price on...

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