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OLPIN v. GROVE FINANCE COMPANY

No. 13405.

521 P.2d 1221 (1974)

E. Dee OLPIN, Plaintiff and Appellant, v. GROVE FINANCE COMPANY, Defendant and Respondent.

Supreme Court of Utah.

April 30, 1974.

Attorney(s) appearing for the Case

M. Dayle Jeffs, of Jeffs & Jeffs, Provo, for plaintiff and appellant.

Noall T. Wootton, of Wootton & Wotton, American Fork, for defendant and respondent.

CROCKETT, Justice:

The issue presented on this appeal concerns the obligation of the defendant Grove Finance Company on a $10,000 bond it issued to the plaintiff E. Dee Olpin. Plaintiff's position below, and persisted in here, is that he is entitled to the full face amount of the bond, together with the 10% interest thereon, from the date of its issuance; whereas, the defendant contended that it was obligated only to pay the principal, and interest thereon, in the...

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