RIO ALGOM CORP. v. JIMCO LTD.

No. 16032.

618 P.2d 497 (1980)

RIO ALGOM CORPORATION, Plaintiff and Appellant, v. JIMCO LTD., Humeca Exploration Company, Jim L. Hudson, Juanita J. Meyer as Executrix of the Estate of Daniel H. Meyer, Eldon J. Card, Norma Hudson, Jean L. Card, Juanita J. Meyer, N.J. White, Audrey White, Wilma White, Otis Dibler, Dorothy Mae Dibler, Grace Davis, and Marlowe C. Smith, Defendants and Respondents.

Supreme Court of Utah.

September 19, 1980.


Attorney(s) appearing for the Case

James B. Lee and Kent W. Winterholler of Parsons, Behle & Latimer, Salt Lake City, for plaintiff and appellant.

Albert J. Colton and Anthony L. Rampton of Fabian & Clendenin, Clifford Ashton of VanCott, Bagley, Cornwall & McCarthy, and Clifford D. Vernon, Salt Lake City, William G. Waldeck, Grand Junction, Colo., for defendants and respondents.


STEWART, Justice:

The plaintiff, Rio Algom Corporation ("Rio"),1 brought this action seeking a declaratory ruling as to the proper basis for computing and disbursing royalties payable by Rio as a lessee under lease agreements covering uranium producing properties in San Juan County, Utah. There are two groups of defendants: the Jimcos2 and Audreys.3 The Jimcos counterclaimed against...

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