Paul v. Jones

McMurray, Presiding Judge.

On August 28,1974, A. B. Paul, a real estate developer and the sole stockholder of Deer Run Development Corporation, the owner of certain real property he was subdividing and developing to be known as Deer Run Subdivision, Section 11, and Ray Jones, the sole stockholder of Ray Jones, Inc., a company doing business as Lamar Gee Grading Co., entered into a proposal, accepted by the parties, whereby Lamar Gee Grading Co. was to construct a subdivision street for a real estate development to be otherwise known as Deer Run, Section 11, Phase 3. All work was to be done in…