STEADMAN v. LAKE HILLS

No. 10779.

20 Utah 2d 61 (1967)

433 P.2d 1

DONALD L. STEADMAN AND DONNA B. STEADMAN, HIS WIFE, AND NORMA E. STEADMAN, PLAINTIFFS AND RESPONDENTS, v. LAKE HILLS, A CORPORATION, AND M.M. MERRILL, AND LESTER M. JOHNSON AND JOHNSON ENTERPRISES, INC., SUCCESSORS IN INTEREST, DEFENDANTS AND APPELLANTS.

Supreme Court of Utah.

October 27, 1967.


Attorney(s) appearing for the Case

Herschel J. Saperstein, Ralph J. Marsh, Backman, Backman & Clark, Salt Lake City, for appellants.

Parsons, Behle, Evans & Latimer, Stewart M. Hanson, Jr., Salt Lake City, for respondents.


TUCKETT, Justice:

This action was commenced by the plaintiffs to foreclose a mortgage. From a judgment awarding attorney's fees to the plaintiffs, the defendants appeal to this court. The judgment is affirmed.

On April 15, 1954, the defendant Lake Hills, a corporation, made and executed a promissory note payable to the plaintiffs. The note was secured by a mortgage of even date in the sum of $142,000. The note and mortgage provided for installments of $15...

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