Isaacson v. First Security Bank of Utah

DONALDSON, Chief Justice.

The plaintiffs-appellants, Stanley and Twila Isaacson, brought this action against the defendants-respondents, First Security Bank of Utah and Melvin and Evelyn Richards, for specific performance of a right to purchase under a “first refusal” provision contained in a farm lease. The trial court denied specific performance on the ground that there had been no “sale” within the meaning of the “first refusal” provision of the lease. From the judgment entered in favor of the defendants, the lessees (plaintiffs-appellants) have appealed.

*453On March 7, 1966, the defendant…