LBJ, Inc., D/B/A Laurel Wood Farm, a Tennessee Corporation, and Lawrence J. Banner, v. Buford L., Craig, Glen L. Craig, Southern Garden Designs, Inc., et al.

This is an action for damages for breach of contract involving the sale of the assets of a corporation doing business as North River Nursery in Chattanooga. The selling price was $370,000.00, to be paid $305,000.00 cash and $65,000.00 in seven (7) promissory notes, each of which provides “That all or a substantial portion of the debt evidenced hereby shall be paid by work to be performed . . . . . as set out in a letter . . . ”