Nielson v. Arizona Title Insurance and Trust Co.

HOWARD, Judge.

This is an appeal from a summary judgment entered against plaintiffs-appellants by the Superior Court of Maricopa County, Honorable Kenneth C. Chatwin, presiding.

The facts are as follows. On August 6, 1965, Arizona Title Insurance and Trust Company, as trustee of 160 acres of land in Yavapai County, sold the property to defendant Capitol Investment Corporation under a sales agreement with annual payments to be made.

This agreement became Arizona Title Insurance and Trust Company escrow number 231953 and payments were to be made to defendant Arizona Title as trustee.

On July 12,…