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MAYFAIR FARMS, ETC. v. KRUVANT ENTERPRISES CO.

35 N.J. 558 (1961)

173 A.2d 905

MAYFAIR FARMS HOLDING CORPORATION, A CORPORATION OF THE STATE OF NEW JERSEY, PLAINTIFF-APPELLANT, v. KRUVANT ENTERPRISES CO., A CORPORATION OF THE STATE OF NEW JERSEY, DEFENDANT-RESPONDENT.

The Supreme Court of New Jersey.

Decided September 25, 1961.

Attorney(s) appearing for the Case

Mr. Walter D. Van Riper argued the cause for plaintiff-appellant (Messrs. Van Riper & Belmont, attorneys; Mr. William A. Wachenfeld, of counsel).

Mr. Jerome C. Eisenberg argued the cause for defendant-respondent (Messrs. Hannoch, Weinstein, Myers & Stern, attorneys).

The opinion of the court was delivered PER CURIAM.

Mayfair Farms Holding Corporation (herein "Mayfair") sued Kruvant Enterprises Co. (herein "Kruvant") for the balance of the purchase price on the sale of lands. The contract of sale called for a further payment of $79,000 if the lands should be rezoned within a stipulated time. The lands were rezoned within the fixed period. Kruvant contended it had been relieved of its obligation when Mayfair conveyed to Kruvant...

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