STILLINOVICH v. OTTILIA VILLA, INC.

No. 9812.

14 Utah 2d 222 (1963)

381 P.2d 210

MILLIE STILLINOVICH ET AL., PLAINTIFFS AND APPELLANTS, v. OTTILIA VILLA, INC., ET AL., DEFENDANTS AND RESPONDENTS.

Supreme Court of Utah.

May 14, 1963.


Attorney(s) appearing for the Case

Quentin L.R. Alston, Louis M. Haynie, Salt Lake City, for appellants.

Jensen, Jensen & Bradford, Salt Lake City, George S. Ballif, Provo, for respondents.


HENRIOD, Chief Justice.

Appeal from a summary judgment dismissing plaintiffs' complaint. Affirmed with costs to defendants.

A Las Vegas motel was acquired by defendant, Ottilia Villa, Inc., the plaintiffs receiving stock therein as an exchange for their equitable interest in the motel which was being purchased under an installment contract. Late in 1958 the corporation became hard-pressed to meet obligations on what apparently was a losing proposition. At...

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