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JOHN PRICE ASSOCIATES, INC. v. DAVIS

No. 15474.

588 P.2d 713 (1978)

JOHN PRICE ASSOCIATES, INC., a corporation, Plaintiff and Respondent, v. Richard J. DAVIS, and Connie M. Davis, Defendants and Appellants.

Supreme Court of Utah.

December 14, 1978.

Attorney(s) appearing for the Case

David K. Smith, Salt Lake City, for defendants and appellants.

Kent B. Linebaugh, of Jardine & Baldwin, Salt Lake City, for plaintiff and respondent.

CROCKETT, Justice:

John Price Associates Inc. sued on a promissory note for $10,000 executed by defendants Richard J. Davis and Connie M. Davis as payment to plaintiff of the balance due on a large nursing home construction project. By defense and counterclaim, the defendants asserted that plaintiff had failed to complete the project within the agreed time, which resulted in damages to the defendants by losing advantages of long-term financing. Consequent to various...

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