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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Mark VII, Inc. v. Barthol, 926 S.W.2d 128 (1996)

Citation
Mark VII, Inc. v. Barthol, 926 S.W.2d 128 (1996)
Parent Document
Mark VII, Inc. v. Barthol, 926 S.W.2d 128 (1996)
Jurisdiction
Missouri (state)
Effective Date
1996-05-28

Other Sections in This Document (39)

Full Text

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On or about February 6, 1989, MNX and Missouri-Nebraska executed a written contract with a Missouri corporation known as American Financial Services, Inc. (“AFS”). Under the terms of this agreement, AFS agreed to secure the financing necessary for Tractor Leasing, Inc. to obtain, as lessee, 100 semi-tractors. In exchange for the promises made by AFS, MNX and Missouri-Nebraska paid AFS $140,224.50. This sum was to be held by AFS as a security deposit in the finaneing/leasing arrangement and returned to MNX and Missouri-Nebraska if AFS *130