Legal Opinion
Ivor B. Clark Co. of Texas, Inc. v. Southern Business & Industrial Development Co.
District Court, S.D. Mississippi
Decided October 24, 1974No. Civ. A. 72J-157(N)PublishedCited by 5 opinions
1Opinion of the Court
MEMORANDUM OPINION
NIXON, District Judge.
ISSUES OR CONTENTIONS
This diversity suit seeks recovery of a $201,000.00 brokerage fee with interest which the defendant allegedly owes plaintiffs for two stand-by loan commitments of $6,000,000 and $4,050,000 for a construction project issued by an investment lender, B. F. Saul Real Estate Investment Trust (Saul) on June 25, 1971 and January 13, 1972, respectively. The primary basis for plaintiffs’ claim is a written contract entered into between the plaintiff, General Mortgage Securities Corporation (General) and the defendant, Southern Business and…
2Cases cited13 opinions
- Partee v. PeppleMississippi Supreme Court · 1944
- Cone Mills Corporation v. HurdleDistrict Court, N.D. Mississippi · 1974
- Standard Oil Co. v. CraneMississippi Supreme Court · 1945
- Hill v. CappsMississippi Supreme Court · 1964
- C.I.T. Corporation v. StuartMississippi Supreme Court · 1939
8 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Banes v. ThompsonMississippi Supreme Court · 1977
- Orma G. Moore v. United Services Automobile AssocationCourt of Appeals for the Fifth Circuit · 1987
- Smith v. SullivanMississippi Supreme Court · 1982
- Caola v. United StatesDistrict Court, D. Connecticut · 1975
- Saint Paul Commodities, Inc. v. Oleo-X, LLCDistrict Court, S.D. Mississippi · 2025