AMERICAN SAVINGS & LOAN ASSOCIATION v. ANDERSON

No. 9566.

13 Utah 2d 256 (1962)

372 P.2d 346

AMERICAN SAVINGS & LOAN ASSOCIATION, A CORPORATION, PLAINTIFF AND RESPONDENT, v. CLINTON H. ANDERSON ET AL., DEFENDANTS AND RESPONDENTS. HARRY BERMAN, CROSS-COMPLAINANT AND APPELLANT, v. JOSEPH JERRY JEREMY AND JACQUELINE JEREMY, HIS WIFE, CROSS-DEFENDANTS AND RESPONDENTS.

Supreme Court of Utah.

June 20, 1962.


Attorney(s) appearing for the Case

Davis & Bayles, Salt Lake City, for appellant.

Hurd, Bayle & Hurd, Wallace R. Lauchnor, Salt Lake City, for respondents.


HENRIOD, Justice.

Appeal from a judgment denying liability as unqualified endorser on a note transferred by assignment, followed by an endorsement without recourse. Affirmed, with costs to Jeremys.

Jeremys sold their home, and in part payment, took a promissory note secured by a second mortgage. They then purchased Berman's home. It was agreed that the latter would accept the note and mortgage in partial payment. A Mr. Webber, close friend of Berman, but unknown...

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