SCHACHT v. FIRST WYOMING BANK, N.A.-RAWLINS

No. 5340.

620 P.2d 561 (1980)

Ray H. SCHACHT and Kareen M. Schacht, Appellants (Defendants), v. FIRST WYOMING BANK, N.A.-RAWLINS and I.P.M. Corporation, Appellees (Plaintiffs).

Supreme Court of Wyoming.

December 4, 1980.


Attorney(s) appearing for the Case

Marvin L. Bishop, III, Bishop, Bishop & Yaap, Casper, for appellants.

T. Michael Golden, MacPherson, Golden, Brown & Dirck, Rawlins, for appellees.

Before RAPER, C.J., and McCLINTOCK, THOMAS, ROSE and ROONEY, JJ.


RAPER, Chief Justice.

Appellants present four issues while seeking to overturn a decree granting specific performance of an option to purchase land and improvements. First, they argue that the trial court erred in its determination that a supplemental lease agreement which extended the life of a lease also kept alive the tenant's option to purchase as created in the original lease. In effect, they contend that whenever a lease is extended by a subsequent agreement...

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