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ANGUS HUNT RANCH, INC. v. REB, INC.

No. 4843.

577 P.2d 645 (1978)

ANGUS HUNT RANCH, INC., a Montana Corporation, and Charles L. Carlson and Jeanne H. Carlson, husband and wife, Appellants (Plaintiffs below), v. REB, INC., a Wyoming Corporation, and the First National Bank and Trust Company of Wyoming, a National Banking Association, Appellees (Defendants below).

Supreme Court of Wyoming.

April 24, 1978.

Attorney(s) appearing for the Case

Bernard Q. Phelan, Cheyenne, for appellants.

Jerome F. Statkus, of Carmichael & Statkus, Cheyenne, for REB, Inc., appellee.

James O. Wilson, of Loomis, Lazear, Wilson & Pickett, Cheyenne, for The First National Bank and Trust Company of Wyoming, appellee.

Before GUTHRIE, C.J., and McCLINTOCK, RAPER, THOMAS and ROSE, JJ.

ROSE, Justice.

This appeal arises out of an attempted forfeiture and cancellation of a Contract for Sale of land by appellee, REB, Inc., the seller, against the appellants, Angus Hunt Ranch, Inc., and Charles L. Carlson and Jeanne H. Carlson, the buyers. After receiving notice by letter, dated March 3, 1977, of the seller's election to declare a forfeiture under the terms of the contract, appellants instituted an action for a declaratory judgment, asking the court...

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