Salin Bank and Trust Co. v. Violet U. Peden Trust

OPINION

KIRSCH, Judge

Salin Bank and Trust Company (“Salin”) appeals various judgments which ultimately resulted in an order directing Salin to purchase certain real estate owned by the Violet U. Peden Trust (“Peden”) pursuant to an option to purchase contained in a lease agreement between Salin and Peden. Salin raises three issues for our review:

I. Whether the trial court erred by concluding a valid option contract existed.

II. Whether the trial court erred by concluding that Salin had exercised the option.

III. Whether the trial court erred by awarding Peden specific performance of the option.

We…