[DOWNLOAD] "Circle C Ranch Co. v. Paul Jayo and Gladys" by Supreme Court of Idaho No. 13296 ~ eBook PDF Kindle ePub Free

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eBook details

• Title: Circle C Ranch Co. v. Paul Jayo and Gladys
• Author : Supreme Court of Idaho No. 13296
• Release Date : January 17, 1983
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 65 KB

Description

This appeal arises out of an alleged breach of a provision in a lease agreement to transfer a forest service 300 head grazing permit. Plaintiff-respondent Circle C Ranch Company initially instituted this action in district court seeking forfeiture of the lease it had with defendants-appellants Paul and Gladys Jayo alleging they were in default on their first annual payment. Jayos answered, contending there was no default in the first payment and filed a counterclaim against Circle C for damages suffered when Circle C refused to transfer certain grazing permits incidental to the lease. A motion for summary judgment as to the forefeiture issue was filed by Circle C. The Jayos opposed this motion and filed their own summary judgment motion supported by affidavits and exhibits. The court held that Circle C was not entitled to forfeiture of the lease agreement and set the case for trial on the Jayos' counterclaim. Following trial the court entered its opinion containing findings of fact and Conclusions of law. Therein, in summary, the court found that in June 1975 the Jayos began negotiations for the purchase of certain ranch property from respondent Circle C which ultimately resulted in a November 1975 lease with an option to purchase. The lease provided for annual rental payments over the five-year term, with an option to purchase to be exercised by December 1980.

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