Tri-States Investment Company v. Henryson

STUART, Justice.

Appellant-vendee brought this action in equity for the specific performance of a written option to purchase real estate. Ap-pellee-vendors filed a counterclaim seeking actual and exemplary damages for fraud. The trial court dismissed both the petition and the counterclaim and rendered judgment against plaintiff for costs. Only plaintiff has appealed. We affirm.

Plaintiff is engaged in the business of procuring options to purchase land near intersections along interstate highways, investigating the feasibility of developing the site for commercial purposes and selling the…