Smith v. Farmers' State Bank

The present appeal is a sequel to Smith v. Farmers’ State Bank of Alto Pass, 390 Ill. 374. The plaintiffs, Herman E. and Gussie Smith, filed a complaint in the circuit court of Union county against the defendants, the Farmers’ State Bank of Alto Pass, its president, A. D. Landreth, and Claude and Lanita Messamore. By their complaint, plaintiffs sought (1) specific performance of a contract dated February 11, 1943, granting them an option to purchase certain real estate within three months for $35°°, pursuant to the bank’s agreement to convey by warranty deed a valid, unencumbered and…