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GOODMAN v. NEWZONA INVESTMENT CO.

1 CA-CIV 194.

3 Ariz. App. 282 (1966)

413 P.2d 792

Tyler D. GOODMAN and Joyce F. Goodman, husband and wife, and John M. Tollefson and Marjorie H. Tollefson, husband and wife, Appellants, v. NEWZONA INVESTMENT CO., Inc., an Arizona corporation, and Northern Arizona Title Co., an Arizona corporation, Appellees.

Court of Appeals of Arizona.

Rehearing Denied May 19, 1966.

Review Granted June 16, 1966.

Attorney(s) appearing for the Case

Lesher, Scruggs, Rucker, Kimble & Lindamood, by D. Thompson Slutes, Tucson, for appellants.

Herbert B. Finn, Stephen T. Meadow, Phoenix, for appellees.

JACK L. OGG, Superior Court Judge.

The Appellants, Tyler D. Goodman and Joyce F. Goodman, husband and wife, and John M. Tollefson and Marjorie H. Tollefson, husband and wife, sold certain real property in Coconino County to the Appellee Newzona Investment Co., Inc. under a trust agreement wherein Appellee Northern Arizona Title Company acted as trustee. Under this real estate trust agreement the title company was to collect yearly installment payments from the buyer...

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