Sloan v. Jefferson

OPINION

RABINO WITZ, Justice.

I. INTRODUCTION.

This appeal and cross-appeal raise four issues relating to findings of the superior court and a court appointed master in an action for an accounting.

II. FACTS AND PRIOR PROCEEDINGS.

In July 1974, Annie Bell Sloan, Lawrence Jefferson, and Mary Jefferson entered into an “Operating Agreement for Tenancy in Common” (“Agreement”). Under the Agreement, Sloan received an undivided one-half interest in various improved and unimproved Fairbanks properties owned by the Jeffersons in exchange for $50,500. The Agreement also provided that Sloan and Lawrence…