Morrisville-Falls Development Corp. v. City Title Insurance

Biester, P. J.,

This is a suit in equity in which it is averred that plaintiffs entered into a written agreement of sale with defendant Nathan Wechsler by which plaintiffs agreed to convey their premises to defendant for a total consideration of $80,000. It is averred that in accordance with the terms of the agreement of sale, formal settlement was held on August 6, 1965, and that, at the conclusion of the settlement, defendant Wechsler authorized and directed the City Title Insurance Company to make distribution in accordance with the settlement figures. The first count of the complaint seeks…