Bangerter v. Poulton

HOWE, Justice:

Plaintiffs, Connie Bangerter and Donna Hansen, brought this action for reconveyance of a trust deed. They appeal from a dismissal of their complaint and from a summary judgment entered against them on defendants’ counterclaim which declared a default on the trust deed and ordered foreclosure.

This action arose out of a business venture by the parties. Plaintiffs were unable to obtain adequate financing on their own, and they induced defendants Boyd R. Poul-ton and David N. Price to borrow $20,000 from a bank and then use those funds to acquire Rose Park Mower, Inc., a retail…