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QUEEN OF THE NORTH, INC. v. LeGRUE

No. 3512.

582 P.2d 144 (1978)

QUEEN OF THE NORTH, INC., an Alaskan Corporation, James Williams and Guy Bassett, Appellants, v. Henry J. LeGRUE and Etta C. LeGrue, Appellees.

Supreme Court of Alaska.

July 21, 1978.

Attorney(s) appearing for the Case

Dan K. Coffey, Kay, Christie, Fuld & Saville, Anchorage, for appellants.

Warren C. Colver, Anchorage, for appellees.

Before BOOCHEVER, C.J., and CONNOR, BURKE, and MATTHEWS, JJ.

OPINION

BOOCHEVER, Chief Justice.

This case raises the issue of the propriety of a foreclosure sale in which a liquor license was ordered foreclosed by the trial court but was never sold. We reverse the decision of the trial court confirming the sale and establishing a deficiency judgment and remand to give the LeGrues the option of selling the license or waiving the deficiency judgment.

In 1974, James Williams and Guy Bassett, incorporated as Queen...

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