ROY S. LUDLOW INVESTMENT COMPANY v. TAGGART

No. 13108.

509 P.2d 818 (1973)

29 Utah 2d 349

ROY S. LUDLOW INVESTMENT COMPANY, a Utah corporation, Plaintiff and Appellant, v. Charles W. TAGGART, Trustee, et al., Defendants and Respondents.

Supreme Court of Utah.

April 30, 1973.


Attorney(s) appearing for the Case

Paul N. Cotro-Manes, Cotro-Manes, Warr, Fankhause & Beasley, Salt Lake City, for plaintiff and appellant.

Louis M. Haynie, Salt Lake City, for defendants and respondents.


ELLETT, Justice.

The appellant, hereinafter called Ludlow, entered into an earnest money receipt and offer to purchase agreement with respondent, Taggart, whereby Ludlow would purchase all of the property owned by Taggart in Blocks 7, 10, and 11 of Mountain View Subdivision. The exact acreage was to be determined by a survey the cost of which was to be shared equally by the parties. The price to be paid was at the rate of $5,000 per acre for the land actually conveyed...

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