[Download] "White River Development Company v. Meco" by Southern District, Division One Court of Appeals of Missouri # eBook PDF Kindle ePub Free
eBook details
- Title: White River Development Company v. Meco
- Author : Southern District, Division One Court of Appeals of Missouri
- Release Date : January 28, 1991
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 72 KB
Description
Plaintiff sought damages against defendant Meco Systems, Inc. (Meco) and defendant Fidelity and Deposit Company of Maryland
(Fidelity). Plaintiff's claim was based on breach of a construction contract which it had with Meco to construct condominium
residential buildings consisting of two four-plexes and two eight-plexes on the same tract. Fidelity was the surety on a performance
bond and a "Labor and Material Payment Bond" provided by Meco on the project. Meco filed a counterclaim, seeking additional sums which it claims were due it under the contract and change orders amending
it, and sought to impose a mechanics lien on a portion of the tract. Meco brought in as parties Great Southern Savings and
Loan Association and Great Southern Financial Corporation. Great Southern Financial Corporation was the trustee and Great
Southern Savings and Loan Association the beneficiary of a deed of trust on the property. Great Southern Savings and Loan
Association loaned plaintiff funds for construction of the project.