THATCHER ROY D. THATCHER LE ROY B. YOUNG PAUL & FIRST THATCHER OGDEN, November GC O°PR Mr. 510 YOUNG LAWYERS SECURITY BANK BUILDING UTAH 12, 1967 ¥ Joseoh E. Olsen Galer Place Glendale, Dear NMr.: California Olsens Val has just handed me for attention your letters of November llth, together with the letter of November 10th written by Barry McCormick, of the Sports Enterprises, making an offer for two of this to purchase the Coliseum years at six per matter for him. cent. for Val $6,500.00, has asked with me to interes take care He authorizes me to advise you that the purchase price is satisfactory. However, if you can maneuver him into paying more than $6,500.00, it will naturally be very acceptable, because the property stands a heavy loss. I how the of of do form not of think the view, it would. sale embodying setting forth it makes transaction a is great deal of evidenced. difference From our point probably. be betterto enter into a contract the contract price, the method of payment, the improvements which are to be placed upon the property, with the provision that in case of default that we would have the right, at our option, to declare the contract forfeited. However, there are people who are opposed to handling property on this plan and insist rather on having title with a mortgage back. If this purchaser should insist upon handling his suggestion it that way, then I rather than lose the would suggest that we accent deal. You mention the guestion of clearing you do not state whether you have received the You we mailed you under date of October 22nd. the title, but deeds which will recall tha I of suggested so that we that will you not include have any in this further deed all trouble from the property, that source. You suggested that the taxes have hot been paid since He tells me that their Val was very surprized at this. 1941. records indicate that the taxes have been paid as late as June, I1 cannot believe that these taxes have gone delinquent, 1936. and 1 suggest that you make further investigation of the matter.