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J. R. STONE CO., INC. v. KEATE

No. 14834.

576 P.2d 1285 (1978)

J. R. STONE COMPANY, INC., Plaintiff and Appellant, v. Raymond S. KEATE, Defendant and Respondent.

Supreme Court of Utah.

March 3, 1978.

Attorney(s) appearing for the Case

Robert M. McDonald, of Jones, Waldo, Holbrook & McDonough, Salt Lake City, for plaintiff and appellant.

David Lloyd, Salt Lake City, for defendant and respondent.

CROCKETT, Justice:

The controversy here arises from a lease and option to purchase a business property granted by plaintiff Stone Co. to defendant Raymond S. Keate in which the latter operated Fiber Glass Products Inc.1 The trial court found in accordance with plaintiff's contention that the defendant's attempt to exercise the option to purchase was abortive, but ruled against its contention that the option is void and unenforceable. Plaintiff...

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