Boatmen's National Bank of St. Louis v. Dandy

SMITH, Presiding Judge.

Defendant appeals from a declaratory judgment in favor of plaintiff and from a judgment in favor of plaintiff on defendant’s counterclaim. We affirm.

The underlying transactions are, at a minimum, unusual. Boatmen’s obtained, through foreclosure, ownership of property located on McPherson in the City of St. Louis. The previous owner of the property remained on the premises. On April 30, 1987, defendant tendered to Boatmen’s a contract for purchase of the McPherson property for a price of $51,000. Boatmen’s advised defendant that the price would have to be $53,000 to…