Stewart v. Smith

OPINION OF THE COURT BY

HEEN, J.

In an action on a promissory note, defendants Kathleen B. Smith and Pacific Coast Investments, Limited (defendants), appeal from a judgment entered in favor of plaintiff Jo Ann Stewart (plaintiff). Defendants have basically challenged three findings of fact of the trial court. We affirm.

Plaintiff was the sole stockholder of Inter-Island Management, Inc. (Inter-Island), a company which was based in Kona, and involved in managing real property and arranging long- and short-term rentals. On December 20, 1978, after approximately six months of negotiations,…