(DOWNLOAD) "People v. Hansen" by Colorado Supreme Court # Book PDF Kindle ePub Free

August 04, 2021

eBook details

Title: People v. Hansen
Author : Colorado Supreme Court
Release Date : January 21, 1976
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 51 KB

Description

On January 17, 1958, American Sovereign Mines leased certain unpatented uranium lode mining claims to Gaddis Mining Company, receiving as consideration $5,000 at the inception of the lease plus prospective royalties from production. The primary term of the lease was 20 years, to continue for as long thereafter as mining operations were being conducted on the premises. By 1962, Gaddis had expended a net amount of $107,187 for development of 3 acres of the 125-acre property. Subsequently, Clyde H. Long, the appellant, and Loren E. Smith, the appellee, acquired the interests of lessor and lessee, respectively. Following receipt of a notice of defaulted in March 1974 and the recording by Long and American of a notice of cancellation in July 1974, Smith brought a declaratory judgment action against Long and American to establish the validity of his leasehold interest. The trial court found the lease to be in good standing, declared the notice of cancellation null and void, and permanently enjoined Long from interfering with the leasehold estate. Long appeals. We affirm the judgment of the trial court.