PONDEROSA-NEVADA, INC. v. VENNERS

No. 11721.

243 N.W.2d 801 (1976)

PONDEROSA-NEVADA, INC., a corporation, Plaintiff and Appellant, v. John VENNERS et al., Defendants and Respondents.

Supreme Court of South Dakota.

July 2, 1976.


Attorney(s) appearing for the Case

James W. Olson, of Wilson, Olson & Goodsell, Rapid City, for plaintiff and appellant.

Thomas E. Simmons, of Bangs, McCullen, Butler, Foye & Simmons, Rapid City, for defendants and respondents.


WINANS, Justice.

This is an action, brought under the Uniform Declaratory Judgment Act, SDCL 21-24, which seeks to define the legal status of a certain piece of property. Plaintiff initially filed a complaint for reformation, but later amended its complaint to one for declaratory judgment, seeking a declaration that an option agreement had been canceled by the terms of a compromise agreement. The defendants filed a counterclaim for specific performance of the option...

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