[DOWNLOAD] "Richard J. Bond And Janet A. Bond" by Fourth District Court of Appeals of Indiana * Book PDF Kindle ePub Free
eBook details
- Title: Richard J. Bond And Janet A. Bond
- Author : Fourth District Court of Appeals of Indiana
- Release Date : January 29, 1983
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 64 KB
Description
Richard J. Bond and Janet A. Bond (the Bonds) and Peabody Coal Company (Peabody) are before this court on cross-appeals from a summary judgment in the Bonds favor which ordered foreclosure of an underground coal option entered into between the parties. By the terms of a January 24, 1975 option agreement, Peabody was given a four-year option to purchase the underground coal located beneath certain real estate owned by the Bonds, along with attendant rights to mine and remove such coal. The parties also agreed that upon giving notice of its election to purchase under the option, Peabody would have a reasonable time to examine the abstract of title to the Bonds property, and if such examination showed the Bonds to the merchantable title, Peabody would then "forthwith" pay the purchase price and the Bonds would deliver a deed conveying the coal and other rights.
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