COPPER VALLEY TRADING COMPANY v. KRATZ

No. 1714.

513 P.2d 1113 (1973)

COPPER VALLEY TRADING COMPANY, John Chapman and Jean Chapman, Appellants, v. Alvan H. KRATZ, and Caye Kratz, Appellees.

Supreme Court of Alaska.

September 12, 1973.


Attorney(s) appearing for the Case

M. Ashley Dickerson and Sylvia L. Short, Dickerson & Short, Inc., for appellants.

Marshall K. Coryell, Anchorage, for appellees.

Before RABINOWITZ, Chief Justice, and CONNOR, ERWIN and BOOCHEVER, Justices.


OPINION

CONNOR, Justice.

This case comes to us on appeal from the superior court, from dismissal of the complaint for lack of equity jurisdiction.

The pertinent facts are as follows. On May 13, 1970, Copper Valley Trading Company through its then president, Merle K. Smith, entered into a "Real Estate Contract" with Alvan H. Kratz and his wife, Caye Kratz. The Kratzes were to purchase certain land located in Chitina township, the hotel and bar buildings...

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