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BAKER v. ESTATE OF SEAT

No. 51A04-9112-CV-430.

611 N.E.2d 149 (1993)

James E. BAKER, D.D.S. and Sharon L. Baker, His Wife, Appellants (Plaintiffs below), v. The ESTATE OF Marshall H. SEAT, Tim Seat and Maryanne Seat, Co-Executors, Appellees (Defendants below).

Court of Appeals of Indiana, Fourth District.

March 29, 1993.

Attorney(s) appearing for the Case

Steven E. Ripstra, Lytton & Ripstra, Jasper, for appellants.

Blake Chambers, Fitzpatrick, Chambers, Waller, Leonard & Hanson, Washington, for appellees.

MILLER, Judge.

This dispute arose from what once was a friendly, neighborly joint land venture. James Baker and Marshall Seat owned as tenants in common approximately 55.5 acres of real estate upon which a lake is located. In 1964, they and their wives entered into an agreement which provided that upon the death of Seat or Baker, the surviving male would have the absolute right to purchase the decedent's undivided interest — providing the decedent's spouse...

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