FIRST NATIONAL BANK IN GRAND JUNCTION v. OSBORNE

No. 12804.

503 P.2d 440 (1972)

28 Utah 2d 387

FIRST NATIONAL BANK IN GRAND JUNCTION, a National Banking Association, Plaintiff and Respondent, v. Ralph OSBORNE and Jim L. Hudson, Defendants and Appellants.

Supreme Court of Utah.

November 17, 1972.


Attorney(s) appearing for the Case

Clinton D. Vernon, Herschel, J. Saperstein, Salt Lake City, for defendants-appellants.

Therald N. Jensen, Price, William H. Nelson, Grand Junction, Colo., L. Robert Anderson, Monticello, for plaintiff-respondent.


ELLETT, Justice:

The defendant Hudson appeals from a directed verdict in favor of the plaintiff bank granted after all of the evidence had been presented to the jury. There is not much dispute in the evidence, and so the question is whether or not reasonable minds could have found contrary to the ruling of the trial judge.

Defendant Osborne was an officer of the Moab National Bank and knew defendant Hudson as a bank customer. He had sold the bank stock owned...

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