Legal Opinion
United American Life Insurance Company v. Willey
Utah Supreme Court
Decided September 4, 1968No. 11086PublishedCited by 7 opinions
1Opinion of the Court
ELLETT, Justice:
The respondents, as plaintiffs, brought suit on five notes and to foreclose various mortgages securing them. This appeal involves the counterclaim to one of the notes. The facts are not in dispute.
*281The stock of Horizon Investment Corporation is wholly owned by Mr. and Mrs. Willey, and these three are the appellants.
The Willeys organized Horizon for the purpose of constructing a country club. They put some of their own money into the venture and borrowed $270,000 from Zions First National Bank, hereafter called Zions. More money was needed, but Zions would not lend any more…
2Cases cited8 opinions
- Frederick Hart & Co. v. Recordgraph CorporationCourt of Appeals for the Third Circuit · 1948
- Elwell v. . ChamberlinNew York Court of Appeals · 1864
- The Dry Dock Bank v. . the American Life Ins. and Trust Co.New York Court of Appeals · 1850
- McCall v. SmithWashington Supreme Court · 1935
- Leavitt v. . De LaunyNew York Court of Appeals · 1850
3 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Bangerter v. PoultonUtah Supreme Court · 1983
- Union Bank v. KrugerCourt of Appeals of Washington · 1969
- Homewood Inv. Co., Inc. v. MosesNevada Supreme Court · 1980
- Clegg v. LeeUtah Supreme Court · 1973
- Roll Ex Rel. Ralph D. Kaiser Co. v. Rothenberg (In Re Rothenberg)District Court, District of Columbia · 1996
2 more not listed; retrieve them via the Exa API.