Legal Opinion

Heath Tecna Corp. v. Zions First National Bank

Utah Supreme Court

Decided March 27, 1980No. 16474PublishedCited by 4 opinions

1Opinion of the Court

WILKINS, Justice:

Plaintiff Heath Tecna Corporation (hereafter “Plaintiff”) appeals from a summary judgment granted to Defendant. Zions First National Bank (hereafter “Zions”). We reverse and remand for further proceedings consistent with this opinion.

On July 7, 1975, Zions made a loan for $20,000 to Elwood G. Norris (hereafter “Norris”) and Jon A. Hooper (hereafter “Hooper”), d/b/a Sound Systems Company. Norris and Hooper signed the note for Sound Systems and Norris and his wife signed “individually and personally”. On the same day the Norrises executed a trust deed to Zions covering real…

2Cases cited5 opinions

  1. Emporia State Bank & Trust Co. v. MounkesSupreme Court of Kansas · 1974
  2. Bullock v. Deseret Dodge Truck Center, Inc.Utah Supreme Court · 1960
  3. First Security Bank of Utah v. ShiewUtah Supreme Court · 1980
  4. Tanner v. Utah Poultry & Farmers CooperativeUtah Supreme Court · 1961
  5. Livingston Industries, Inc. v. Walker Bank & Trust Co.Utah Supreme Court · 1977

3Cited by4 opinions

  1. Sonia Uransky, as Trustee in Bankruptcy of Dean Barnard v. First Federal Savings & Loan Association of Fort MyersCourt of Appeals for the First Circuit · 1982
  2. James v. Blackhawk Credit Union (In Re James)United States Bankruptcy Court, W.D. Wisconsin · 1998
  3. Mead Corp. v. Dixon Paper Co.Court of Appeals of Utah · 1995
  4. North Park Bank of Commerce v. NicholsUtah Supreme Court · 1982

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