Las Mendozas, Inc. v. W. H. Powell

WEST, District Judge:

This case involves a rather complicated real estate transaction that failed to materialize as planned. Appellant, Las Mendozas, Inc., a Colorado corporation, was engaged in the business of buying, selling, and trading lands in the United States, Brazil, and other countries. On October 10, 1960, H. K. Johnston, President of and acting for appellant, Las Mendozas, entered into a written agreement with appellee, C. G. Johnson, whereby it was agreed that C. G. Johnson would convey 1040 acres of land in Douglas County, Missouri, along with certain other described property to…