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JETT v. PHILLIPS & ASSOCIATES

Nos. 183-70, 184-70 and 185-70.

439 F.2d 987 (1971)

Charles C. JETT, Plaintiff-Appellant and Cross Appellee, v. PHILLIPS & ASSOCIATES, an unincorporated association, Defendant-Appellee, Joseph J. Phillips and Jack R. Alexander, Defendants, Henry C. Roth, Defendant-Appellant, Richard A. Williams, Henry Chapman and Leslie J. Gottwald, Defendants-Appellees and Cross Appellants.

United States Court of Appeals, Tenth Circuit.

March 29, 1971.

Attorney(s) appearing for the Case

Edward H. Sherman, Denver, Colo., for appellant and cross appellee.

John R. Hickisch, Denver, Colo., for appellees and cross appellants.

Before HILL, SETH and HOLLOWAY, United States Circuit Judges.

HILL, Circuit Judge.

This is a diversity suit wherein appellant Jett is seeking to recover on a promissory note.

The facts are largely undisputed. Phillips & Associates was an unincorporated association organized by one Joseph J. Phillips. In 1967, the unincorporated association was involved in a business venture and was in need of financing for the venture. To obtain the necessary financing, Joseph Phillips approached appellant Jett for a $16,000 loan...

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