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COKER v. DOLLAR

No. 87-3071.

846 F.2d 1302 (1988)

Barry W. COKER and Harold J. Vucovich, Jr., Plaintiffs-Appellants, Cross-Appellees, v. Frank H. DOLLAR and Beverly Dollar, his wife, Defendants-Appellees, Cross-Appellants.

United States Court of Appeals, Eleventh Circuit.

June 10, 1988.

Attorney(s) appearing for the Case

James M. Weber, Beggs & Lane, Pensacola, Fla., for Coker.

Donald H. Partington, Clark, Partington, Hart, Larry, Bond & Stackhouse, Pensacola, Fla., for Vucovich.

Robert J. Emmons, Great Falls, Mont., for Frank H. and Beverly Dollar.

Before TJOFLAT and KRAVITCH, Circuit Judges, and TUTTLE, Senior Circuit Judge.

TJOFLAT, Circuit Judge:

I.

In May 1978, Paul M. Jackson purchased Bayshore Apartments, an apartment complex in Pensacola, Florida, planning to convert the apartments into condominiums and then sell them. In July 1978, he sold a 30% interest in the apartment complex to Frank and Beverly Dollar, appellees here, for $450,000. At the same time, Jackson contracted with the Dollars to manage their interest in the property...

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