Russell v. Park City Utah Corporation

CROCKETT, Justice:

Plaintiffs Russells, lessors of approximately 2,000 acres of land used as a skiing resort located near Park City, Utah, sued their lessee, defendant Park City Utah Corporation, seeking termination of their lease for nonpayment of rent, and for liquidated damages. Upon the basis of the pleadings, depositions and documentary evidence the trial court granted plaintiffs’ motion for summary judgment. Defendant lessee appeals.

Plaintiffs and defendant’s predecessor in interest entered into a ten-year lease with option to purchase on March 31, 1967. Lessee was required to pay rental…