Coral Realty Co. v. Peacock Holding Co.

On the 18th day of April, 1929, a contract was entered into between Coral Realty Co., a Florida corporation, party of the first part, and Coral Peacock, a widow, and Cecil A. Peacock, her son, parties of the second part, wherein it was agreed, for a consideration therein expressed, that the party of the first part convey to the parties of the second part, or to such corporation as they might designate, certain property therein described and known as "The Belfort Hotel". As consideration for said conveyance, the parties of the second part agreed to pay $15,000.00 in cash, and to convey certain…