DOXEY-LAYTON COMPANY v. HOLBROOK

No. 12021.

479 P.2d 348 (1971)

25 Utah 2d 194

DOXEY-LAYTON COMPANY, Plaintiff and Respondent, v. Brigham G. HOLBROOK and Betty Holbrook, his wife, Defendants and Appellants.

Supreme Court of Utah.

January 6, 1971.


Attorney(s) appearing for the Case

Louis M. Haynie, Salt Lake City, for defendants-appellants.

Lewis S. Livingston, Salt Lake City, for plaintiff-respondent.


CALLISTER, Chief Justice:

Defendants appeal from a decree of foreclosure on a real estate mortgage securing an indebtedness of $116,329.55, which the trial court found due and owing to plaintiff.

Defendants have resided out of Utah for many years, while employed by the federal government. In 1963, they procured a building site in Salt Lake City and determined to construct an apartment house. Defendants contacted plaintiff, a mortgage-broker, to secure a 20...

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