Hamner v. Rock Mountain Lake, Inc.

Appeal by plaintiffs from a final decree denying plaintiff's specific performance of a lease-sale contract for the purchase of land. We affirm.

The lease-sale agreement was executed between the Hamners and Rock Mountain Lake, Inc. The Hamners agreed to pay to Rock Mountain Lake $6,032.41 in consideration for lot four of the Griffin Lake Subdivision, Sixth Addition. The payments were to be made as rent, with the appellants paying $50.00 a month at a rate of 6% interest for a period of 10 years, at which time the full amount of the purchase price would have been paid. At that time, Rock Mountain…