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ACE REALTY, INC. v. ANDERSON

No. 14567.

682 P.2d 1289 (1984)

106 Idaho 742

ACE REALTY, INC., an Idaho corporation, Plaintiff/Appellant/Cross-Respondent, v. Alfred ANDERSON and Sadie Anderson, husband and wife, Defendants/Respondents/Cross-Appellants, Alfred ANDERSON and Sadie Anderson, husband and wife, Counterclaimants/Cross-Appellants, v. ACE REALTY, INC., an Idaho corporation, Counterdefendant/Cross-Respondents, and Nolan Victor and Ruby Victor, husband and wife, Additional Defendants on Counterclaim/Cross-Respondents.

Court of Appeals of Idaho.

May 18, 1984.

Attorney(s) appearing for the Case

Jeff Stoker, Twin Falls, for Ace Realty, Inc.

Gordon Thatcher, Rexburg, for the Andersons.

WALTERS, Chief Judge.

Nolan and Ruby Victor entered into an agreement with Alfred and Sadie Anderson providing for the sale of a one-half interest in a 640 acre farm to the Andersons. The agreement provided that the Andersons were to operate the farm, take three-fourths of the crop proceeds and half of the proceeds of cattle sales for themselves, and pay the Victors the remainder. The Victors subsequently transferred their interest to Ace Realty, Inc., a corporation...

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