Haddox v. First Alabama Bank of Montgomery
Supreme Court of Alabama
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
- Burroughs Corp. v. Hall Affiliates, Inc.Supreme Court of Alabama · 1982
- Hall v. BlanSupreme Court of Alabama · 1933
- Mass Appraisal Services, Inc. v. CarmichaelSupreme Court of Alabama · 1981
- Perdue v. MitchellSupreme Court of Alabama · 1979
- C. F. Halstead Contractor, Inc. v. Dirt, Inc.Supreme Court of Alabama · 1975
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3Cited by39 opinions
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- Quality Truck and Auto Sales, Inc. v. YassineSupreme Court of Alabama · 1999
- Crown Pontiac, Inc. v. McCarrellSupreme Court of Alabama · 1997
- 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.