Walker v. Carlson

OPINION

DAVIDSON, Judge:

Defendant Smith appeals from the district court’s denial of numerous post-judgment motions including motions to set aside judgment and for a new trial. We affirm.

On May 19, 1978, Articles of Incorporation for De Arte, Inc. were filed in the office of the Utah Lieutenant Governor. Defendants Smith and Carlson were listed as both directors and incorporators while defendant Kimball was listed only as a director.

Carlson executed a promissory note, on behalf of De Arte and in favor of plaintiff, on May 12, 1979. The note was due and payable on May 12, 1980, but was not paid. *1373…