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MATANUSKA VALLEY BANK v. ABERNATHY

Nos. 893, 895.

445 P.2d 235 (1968)

MATANUSKA VALLEY BANK, Appellant, v. Nona ABERNATHY, Appellee. Nona ABERNATHY, Appellant, v. MATANUSKA VALLEY BANK, Appellee.

Supreme Court of Alaska.

September 16, 1968.

Attorney(s) appearing for the Case

Allen McGrath, Eric E. Wohlforth, Anchorage, for appellant.

Helen L. Simpson, Anchorage, for appellee.

Before NESBETT, C.J., and DIMOND and RABINOWITZ, JJ.

OPINION

NESBETT, Chief Justice.

These appeals result from litigation which grew out of the purchase by Nona Abernathy and her husband, now deceased, of the Copper Kettle Roadhouse located on the Glenn Highway. At the time of the purchase the property was being foreclosed by the Matanuska Valley Bank, hereinafter referred to as the Bank, against a prior purchaser named Goolsby.

The real property described in the sale agreement executed by the parties...

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