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eBook details

• Title: Continental Bank & Trust Company V.
• Author : Supreme Court Of Utah
• Release Date : January 14, 1981
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 63 KB

Description

OAKS, Justice The issue in this appeal is whether a settlor who has created a trust by conveying property that is subject to an option to sell can thereafter extend the period of the option without the participation or consent of the trustee. We hold that he cannot. For ease of reference, this opinion will refer to the plaintiff-appellant, Continental Bank & Trust Co., as the "trustee," to defendant-respondent, Country Club Mobile Estates, Ltd., as the "lessee-optionee," and to Marshall E. Huffaker, deceased, as the "settlor."

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