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WELLS v. BANK OF NEVADA

No. 7374.

522 P.2d 1014 (1974)

Elizabeth WELLS et al., Appellants, v. BANK OF NEVADA, a Nevada corporation, Special Administrator with the Will annexed of the Estate of Joe Wesley Wells, Deceased, Respondent.

Supreme Court of Nevada.

Rehearing Denied August 9, 1974.

Attorney(s) appearing for the Case

Carl F. Martillaro and Arthur J. Bayer, Jr., John Tom Ross, Robert A. Grayson, Carson City, for appellants.

Guild, Hagen & Clark, Reno, Taylor H. Wines, James E. Ordowski, Las Vegas, for respondent.

OPINION

THOMPSON, Chief Justice.

Joe Wells died May 18, 1967. This action, commenced by The Bank of Nevada as administrator with the will annexed of his estate, seeks a court declaration of the validity of an agreement entered into on June 30, 1960, between Joe Wells, his brothers Howard and Robert, the family corporation Wells Cargo, Inc., which Joe, Howard and Robert managed and controlled, and the First National Bank of Nevada. The district court entered...

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