Legal Opinion
Alaska Placer Company v. Lee
Alaska Supreme Court
Decided June 4, 1969No. 847PublishedCited by 21 opinions
1Opinion of the Court
DIMOND, Justice.
Appellant owned 15 tin mining claims on Cape Creek, near Nome, Alaska. In March 1965 appellees entered into a written agreement with appellant to purchase the claims for $400,000. The purchase price was payable $2,500 in cash upon execution of the agreement, $5,000 from smelter receipts from the 1965 production, and the balance in annual payments equal to 15 percent of the annual net mineral production of tin concentrates.
Appellees were to work the mines to their full capacity. It was provided that if appellees failed to perform their part of the agreement, appellant had the…
2Cases cited8 opinions
- Hastings Oil Co. v. Texas Co.Texas Supreme Court · 1950
- Archer v. Greenville Sand & Gravel Co.Supreme Court of the United States · 1914
- Port Valdez Company v. City of ValdezAlaska Supreme Court · 1968
- Jameson v. WurtzAlaska Supreme Court · 1964
- Land Development, Inc. v. PadgettAlaska Supreme Court · 1962
3 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- Alaska Foods, Inc. v. American Manufacturer's Mutual Insurance Co.Alaska Supreme Court · 1971
- Moran v. HolmanAlaska Supreme Court · 1972
- Day v. a & G Construction Co., Inc.Alaska Supreme Court · 1974
- Alaska Placer Company v. LeeAlaska Supreme Court · 1976
- National Bank of Alaska v. J. B. L. & K. of Alaska, Inc.Alaska Supreme Court · 1976
16 more not listed; retrieve them via the Exa API.