Wall v. Thalco, Inc.

ABRIDGED OPINION

TODD, Presiding Judge.

This is a suit for breach of contract whereby plaintiff sold to defendant, Rosa Thalmann, his stock in Thalco, Inc. and defendant, Thalmann, agreed to obtain the release of a lien upon a certain ten (10) acre tract and have Thalco reconvey said tract to plaintiff. Plaintiff had conveyed the land to Thalco to enable Thalco to borrow money on it. Thalco was obligated to reconvey the land to plaintiff after satisfying the loan.

In a formal appeal, this Court upheld the rights of plaintiff to said release of lien and reconveyance and concluded:

This record…