RYBIN INVEST. CO., INC. v. Wade

This is an action by the plaintiff, Rybin Investment Co., Inc., for specific performance of a purported contract for the purchase of the Cottonwood Marina. The District Court of Washington County, Nebraska, directed the defendants, Howard D. Wade and Robert M. Dalton, to specifically perform the purported contract. The defendants appeal. We reverse.

On November 10, 1978, defendants executed a “Purchase Contract” as an offer to purchase certain property in Washington County, Nebraska, described as the “Cottonwood Marina.” The offer was executed in the presence of Eugene Eckholt of Commercial…