Legal Opinion

Haddox v. First Alabama Bank of Montgomery

Supreme Court of Alabama

Decided February 24, 1984No. 82-1150PublishedCited by 39 opinions

1Opinion of the Court

This case involves the grant of a directed verdict by the trial court.

Wendell and Illa Haddox (sellers), as owners of certain real property located in Baldwin County, Alabama, known as the Terry Cove Marina, negotiated with Cecil L. and Margaret Ann Murphy (purchasers), for the sale of the marina. A sales contract, signed on June 15, 1978, called for a sales price of $650,000, with the purchasers paying $190,000 at closing and sellers financing the remaining $460,000, secured by a first mortgage on the marina. As provided in the contract, sellers were given $10,000 as a deposit and the…

2Cases cited10 opinions

  1. Burroughs Corp. v. Hall Affiliates, Inc.Supreme Court of Alabama · 1982
  2. Hall v. BlanSupreme Court of Alabama · 1933
  3. Mass Appraisal Services, Inc. v. CarmichaelSupreme Court of Alabama · 1981
  4. Perdue v. MitchellSupreme Court of Alabama · 1979
  5. C. F. Halstead Contractor, Inc. v. Dirt, Inc.Supreme Court of Alabama · 1975

5 more not listed; retrieve them via the Exa API.

3Cited by39 opinions

  1. P & S BUSINESS v. South Cent. Bell TelephoneSupreme Court of Alabama · 1985
  2. PACIFIC ENT. OIL v. Howell PetroleumSupreme Court of Alabama · 1993
  3. Quality Truck and Auto Sales, Inc. v. YassineSupreme Court of Alabama · 1999
  4. Crown Pontiac, Inc. v. McCarrellSupreme Court of Alabama · 1997
  5. Lloyd Noland Found., Inc. v. City of Fairfield Healthcare Auth.Supreme Court of Alabama · 2002

34 more not listed; retrieve them via the Exa API.

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