Western Surety Co. v. Redding

626 P.2d 437 (1981)

WESTERN SURETY COMPANY, Plaintiff and Respondent,

v.

Clarence H. REDDING, Tom B. Redding, and Bert W. Redding, individually, Defendants and Appellants.

No. 16935.

Supreme Court of Utah.

February 9, 1981.

Robert D. Maack, Salt Lake City, for defendants and appellants.

David H. Epperson, Salt Lake City, for plaintiff and respondent.

MAUGHAN, Chief Justice:

Plaintiff, a corporate surety, initiated this action to recover $2,550.00, the sum paid under a Motor Vehicle Dealers Bond to the vendee of a stolen car purchased from Redding Auto Sales. The parties entered into a stipulation of…