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McQUEARY v. McQUEARY

No. S-6216.

902 P.2d 1326 (1995)

Frank McQUEARY, Appellant, v. Linda Leigh McQUEARY, Appellee.

Supreme Court of Alaska.

September 29, 1995.

Attorney(s) appearing for the Case

Sharon L. Gleason, Law Office of Sharon L. Gleason, Anchorage, for Appellant.

Susan D. Mack, James T. Stanley Corporation, P.C., Anchorage, for Appellee.

Before MOORE, C.J., and RABINOWITZ, MATTHEWS, COMPTON and EASTAUGH, JJ.

OPINION

MATTHEWS, Justice.

Frank and Linda McQueary were divorced in 1988. The sole issue arising out of the superior court's division of their property is the valuation of the "Diamond H" ranch, a horse stabling and riding business which the couple co-owned. The ranch was encumbered by a $553,249.44 interest-free debt, payable over twenty-five years in monthly installments of $1,776.00. The superior court found that the market value of the ranch...

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