Fred v. Ledlow

POPE, Justice.

The court denied plaintiff’s motion for summary judgment and granted defendants’ motion. Plaintiff, R. L. Fred, owned a twenty-year lease on a five-acre resort camp called Flat Rock Camp at Marble Falls Dam. Defendants, F. L. Ledlow and L. E. Bacon, were interested in buying the lease and also in negotiating with the owners to purchase the real property. C. C. Storm and John Quick were also sued, for they were the agents who were handling the transaction.

After some negotiations, plaintiff, Fred, and the two buyers signed an earnest money contract by which the buyers agreed to…