Legal Opinion

Lancaster v. Lumby Corp.

Court of Appeals of North Carolina

Decided November 5, 1985No. 8522SC130PublishedCited by 1 opinion

1Opinion of the Court

PHILLIPS, Judge.

Plaintiffs sued to enforce an alleged option to buy certain land in Iredell County upon which a restaurant building is situated that some of the plaintiffs have had under lease since 1974. At a hearing following the completion of discovery and the taking of several depositions, the court entered an order of summary judgment requiring defendants to convey the land to the plaintiffs Tommy B. Lancaster, Bryant Fred Lancaster and Luther Holland upon receiving $180,000, less the rental collected since 20 March 1984, if any. The order was correctly entered and we affirm it.

The…

2Cases cited2 opinions

  1. Bell v. . BrownSupreme Court of North Carolina · 1947
  2. Hayes v. GriffinCourt of Appeals of North Carolina · 1972

3Cited by1 opinion

  1. Golden Triangle 3, LLC v. Rmp-Mallard Pointe, LLCNorth Carolina Business Court · 2022

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