Union Bond & Trust Co. v. M & M Wood Working Co.

This is a suit in equity for specific performance of a contract for the sale of timber, with an alternative demand for $11,000,000 as damages for breach of that contract. After 21 days of testimony a decree was entered in favor of defendants M and M Wood Working Company and Simpson Redwood Company. Plaintiffs appeal, as does defendant Ralph Hull, who was also named as a defendant.

The original complaint was filed on December 1, 1961, by Union Bond and Trust Company (“Union”) and A. K. Wilson, and alleges that Union is the successor and assignee of the rights of Ralph Hull under an agreement…