VALLEY NATIONAL BANK OF ARIZ. v. AVCO DEVELOP. CO.

No. 1 CA-CIV 1203.

14 Ariz. App. 56 (1971)

480 P.2d 671

The VALLEY NATIONAL BANK OF ARIZONA, a national banking association, Appellant, v. AVCO DEVELOPMENT CO., Inc., a California corporation, Appellee.

Court of Appeals of Arizona, Division 1, Department A.

Rehearing Denied March 22, 1971.

Review Denied April 20, 1971.


Attorney(s) appearing for the Case

Snell & Wilmer, by Frederick K. Steiner, Jr., Phoenix, for appellant.

O'Connor, Cavanagh, Anderson, Westover, Killingsworth & Beshears, by Wilbert G. Anderson, Phoenix, for appellee.


STEVENS, Presiding Judge.

This appeal arises out of an action to quiet title in a contest over the right to tenant rentals. The trial court decided the case in favor of the plaintiff, Avco Development Co., on cross-motions for summary judgment and both parties concede the issues to be issues of law, there being no controversy over the material facts.

The facts will be stated as briefly as possible. On 8 January 1962, Verner Land and Development Company leased...

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