Whitney v. Bails

In an action for declaratory judgment the district court, Gallatin County, found plaintiff Whitney entitled to cancellation of two contracts for deed.

The action involved the successive sale of a ranch by contract for deed, with each succeeding contract assuming the prior contracts. Pete Tocci & Son Inc. was the original owner for the purposes of these contracts. In 1969, Tocci sold the ranch to McGregor for $500,000. In March 1971 McGregor sold to Blome for $650,000. In August 1972 Blome sold to Whitney, plaintiff here, for $425,000. In September 1973 Whitney sold to Gar for $740,000. Gar…