Fondtosa Highlands, Inc. v. Paramount Development Co.

The following opinion was filed April 11, 1933:

Fritz, J.

Plaintiff, as the grantee, by deed from E. M. Gaines, of certain real estate, which had been subdivided into lots, and as the transferee of Gaines’ interest as vendor under land contracts for the sale of 144 óf those lots to the defendant Paramount Development Company, Inc., brought this action for specific performance of the land contracts, with a prayer for a receiver for the defendant corporation, an injunction, and an accounting by its .officers to the receiver for the corporation’s property converted by them to their own use. The…