Kemp Construction Co. v. Landmark Bancshares Corp.

STEPHAN, Judge.

Appellant, Kemp Construction Co., filed a petition for specific performance alleging that respondent Landmark Bancshares Cor poration (“Landmark”) breached an oral agreement for the sale of certain partially developed real estate, known as the Arbor Glen Subdivision, and that Landmark also breached a related oral promise to finance appellant’s acquisition and completion of construction. Respondent Landmark Bank of St. Charles (“Landmark St. Charles”), a subsidiary of Landmark, was joined as a defendant because it held the note and deed of trust secured by the property. The…