Young Electric Sign Company v. Capps

McFADDEN, Justice.

This action was instituted by Young Electric Sign Company, a Utah corporation (hereinafter referred to as Young Elec trie), as plaintiff against O. M. Capps and Ralph E. Faught, defendants, appellants and cross-respondents (hereinafter referred to as lessees). The action was based on a sign rental agreement dated November 3, 1965, executed by the lessees, who were operating the Griggs Motel in Twin Falls, and by Young Electric Sign Company, an Idaho corporation. The Idaho corporation was a wholly owned subsidiary of the plaintiff in this action; the Idaho subsidiary merged…