Citizens Savings & Loan Ass'n v. McDonald

Defendants Thomas A. McDonald and Marion F. McDonald moved to set aside a judgment, arguing that it was not renewed in a timely manner and that it therefore was void. The trial court denied the motion. Defendants appeal, again asserting that the renewal judgment is void for lack of timely renewal. We agree and vacate the judgment.

The relevant facts are not in dispute. In May 1985, defendants entered into an agreement with Citizens Savings and Loan Association (Citizens) to buy property in Jefferson County known as the Norton Ranch. The purchase price was $1,407,165, to be paid by defendants…