O'Neil Lumber Co. v. Allied Builders Corp.

SMITH, Judge.

Defendant Pioneer National Title Insurance Company1 appeals from a judgment against it for $18,612.79 in a jury tried contract case. We affirm.

In September 1974 four parties entered into a construction and disbursing escrow agreement. Allied was the general contractor for work to be done at “The Barn at Lucerne” in St. Louis County; Gateway West Investments, represented by Paul Londe, was the owner of the project; Pioneer Bank and Trust Company was the mortgagee; defendant (unrelated to the bank) was the escrowee. The contract provided for money to be deposited with the escrowee…