Brubaker v. Gould

MR. PRESIDING JUSTICE MURPHY

delivered the opinion of the court.

Plaintiffs appeal from a decree dismissing their complaint for want of equity at the close of plaintiffs’ evidence before a master in chancery. The transfer to this court of plaintiffs’ direct appeal to the Supreme Court disposed of plaintiffs’ theory that a freehold is involved.

The record shows that on February 24, 1949, plaintiff Henry J. Brubaker and defendant J. H. Lahman jointly accepted a letter of intent to purchase a U. S. Navy surplus plant at Rockdale, Illinois, from the "War Assets Administrator. The price was $875,000,…