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COX v. NEY

No. 15360.

580 P.2d 1085 (1978)

Lynn R. COX and Edda D. Cox, Plaintiffs and Respondents, v. Merrill NEY, Defendant and Appellant.

Supreme Court of Utah.

May 18, 1978.

Attorney(s) appearing for the Case

Christensen, Taylor & Moody, Phillip V. Christensen, Provo, Jack McAllister, Mt. Pleasant, for defendant and appellant.

Louis G. Tervort, Manti, for plaintiffs and respondents.

ELLETT, Chief Justice:

This is a suit for specific performance based upon an option to purchase included in a lease given by the prior owner of the land to Phillips Petroleum Company.

The original lessors and owners of the property were Edgar E. Lasson and A. Reeve Norman, doing business as Lasson-Norman Oil Company, a partnership. The lease terms provided for a term of ten years with options to renew for three additional five-year terms, provided notice of...

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