PETTY MOTOR LEASE, INC. v. JOLLEY

No. 15524.

585 P.2d 782 (1978)

PETTY MOTOR LEASE, INC., Plaintiff and Respondent, v. Clarence L. JOLLEY, Defendant and Appellant.

Supreme Court of Utah.

October 3, 1978.


Attorney(s) appearing for the Case

Lorin N. Pace, Randall L. Bunnell, Salt Lake City, for defendant and appellant.

Wayne G. Petty of Moyle & Draper, Salt Lake City, for plaintiff and respondent.


ELLETT, Chief Justice:

On June 21, 1971, the plaintiff, by three separate written documents, leased three automobiles to the defendant at a stated monthly rental. Three days later the parties agreed in writing that the plaintiff would sell to the defendant the three automobiles at the end of one year for the sum of $10,000. Pursuant to the contract of sale, the defendant assigned to the plaintiff some shares of stock that...

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