MASTIC TILE DIVISION OF RUBEROID v. ACME DISTRIBUTING

No. 9957.

15 Utah 2d 136 (1964)

389 P.2d 56

MASTIC TILE DIVISION OF THE RUBEROID COMPANY, A CORPORATION, PLAINTIFF AND RESPONDENT, v. ACME DISTRIBUTING COMPANY, A CORPORATION, W.N. BEESLEY, SR., AND SCOTT L. BEESLEY, DEFENDANTS AND APPELLANTS.

Supreme Court of Utah.

February 10, 1964.


Attorney(s) appearing for the Case

Beaslin, Nygaard & Coke, Salt Lake City, for appellants.

Hanson & Garrett, Salt Lake City, for respondent.


HENRIOD, Chief Justice.

Appeal from a judgment for plaintiff on motion for summary judgment. Affirmed. Costs to plaintiff.

Plaintiff, for many years, sold its products to defendant distributors. The latter became in arrears and plaintiff insisted that the obligation, amounting to about $80,000 be secured by a note and chattel mortgage. These were executed along with a separate agreement looking not to the termination of their business relations, but contemplating...

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