First Nat. Bank of Paris v. Lyon-Gray Lumber Co.

On. the 18th. day of February, 1914, the First National Bank of Paris, Tex., entered into a contract with J. T. Finn for the construction of a six-story building on a lot owned by the bank. Finn was to furnish the necessary labor and material, and to receive a consideration of $111,231.-63. The contract provided that the bank should have the privilege of adding a full basement at a further cost of $7,200. By the addition of the basement, which was after-wards called for, and some other extra features agreed upon, the contract price of the structure when completed would have amounted to the…