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SMITH v. KALAVITY

No. 72-166.

515 P.2d 473 (1973)

Carl S. SMITH, Juanita D. Smith, and Juanita D. Smith, Administratrix of the Estate of Carl S. Smith, Plaintiffs-Appellees, v. Jerry F. KALAVITY et al., Defendants-Appellants.

Colorado Court of Appeals, Div. I.

Rehearing Denied August 28, 1973.

Certiorari Denied November 19, 1973.

Attorney(s) appearing for the Case

Allen P. Mitchem, Denver, for plaintiffs-appellees.

Madden & Strate, P. C., William J. Madden, George J. Francis, Denver, for defendants-appellants.

Not Selected for Official Publication.

PIERCE, Judge.

In February of 1967, plaintiffs Carl and Juanita Smith entered into an agreement with defendant Jerry Kalavity to form a corporation. By the terms of the agreement, plaintiffs were to deed a tract of land which they had owned for approximately fourteen years, to the defendant corporation when it was formed. The land to be conveyed, approximately eighty-two acres, had been annexed to the City of Thornton...

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