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PRUDENTIAL FED. S. & L. ASS'N v. HARTFORD ACC. & IND.

Nos. 8719, 8736.

7 Utah 2d 366 (1958)

325 P.2d 899

PRUDENTIAL FEDERAL SAVINGS & LOAN ASSOCIATION, A CORPORATION, PLAINTIFF AND RESPONDENT, v. HARTFORD ACCIDENT & INDEMNITY COMPANY, A CORPORATION, DEFENDANT AND APPELLANT. FELT SYNDICATE, INC., PLAINTIFF AND APPELLANT, v. HARTFORD ACCIDENT & INDEMNITY COMPANY, A CORPORATION, DEFENDANT AND RESPONDENT.

Supreme Court of Utah.

May 20, 1958.

Attorney(s) appearing for the Case

Moreton, Christensen & Christensen, Salt Lake City, for Hartford Accident & Indemnity Co.

Franklin Riter, Harry D. Pugsley, Salt Lake City, for Prudential Federal Savings & Loan Ass'n.

Woodrow D. White, C. Preston Allen, Salt Lake City, for Felt Syndicate, Inc.

CROCKETT, Justice.

Hartford Accident & Indemnity Company seeks reversal of judgments wherein it was held liable in amounts aggregating in excess of $90,000 on a performance bond it wrote upon Cassady Co. Inc., in connection with the latter's undertaking to construct homes in a residential subdivision known as "Morningside Heights" in Salt Lake County on which the plaintiff, Felt Syndicate, Inc., was entrepreneur and promoter, and the plaintiff, Prudential Federal...

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