Mississippi Supreme Court March 10, 1975, No. 47957 (Mississippi Industrial Enterprises, Inc. v. Southern Seed Co.)

RODGERS, Presiding Justice:

The Southern Seed Company, Inc. entered into negotiations to purchase certain land from Mississippi Industrial Enterprises, Inc. in a written “Memorandum.” The memorandum contained a description of the land to be conveyed and, in addition thereto, the memorandum contained the following understanding:

“4.