Wiscombe v. Lockhart Co.

WILKINS, Justice:

This is an appeal from a judgment of the District Court quieting title to certain real property in Plaintiffs and Respondents J. Elmer and Naomi B. Wiscombe (hereafter “Wiscombe”) as against Defendant and Appellant Lockhart Company (hereafter “Lockhart”). We affirm. Costs to plaintiffs.

On January 1, 1976, one Beardall, not a party to this appeal, purchased by Uniform Real Estate Contract certain real property located in Mapleton, Utah County, from Wiscombe. The Contract called for annual payments of $15,000 payable on the first day of January of each year with an initial…