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NATIONAL BANK OF SOUTH DAKOTA v. CLASON

No. 12113.

266 N.W.2d 573 (1978)

NATIONAL BANK OF SOUTH DAKOTA, Plaintiff, v. Bill CLASON, d/b/a Bill Clason and Sons, Defendant and Appellant, and Bordner Associates, Inc., C. W. Bordner and Emma Bordner, husband and wife, Ronald Reynolds, Greg Bordner and Sherrie Bordner, husband and wife, Richard Stapleman and Nancy Stapleman, husband and wife, Harold Seymour, d/b/a Bordner Associates and Leemill G. Seymour, husband and wife, Defendants and Respondents, and Thomas Pass, d/b/a Contractors Rigging and Erection, Defendant.

Supreme Court of South Dakota.

June 8, 1978.

Attorney(s) appearing for the Case

Donald R. Shultz of Lynn, Jackson, Shultz, Ireland & Lebrun, Rapid City, for plaintiff.

Wynn A. Gunderson of Gunderson & Palmer, Rapid City, for defendant and appellant.

Terence R. Quinn, Belle Fourche, for defendants and respondents.

Thomas Pass, pro se.

ZASTROW, Justice.

In 1966, Thomas Pass, doing business as Contractors Rigging and Erection (Pass), had obtained salvage rights to abandoned Titan missile sites in Pennington and Meade Counties. In 1974, Pass subcontracted his salvage rights on three sites to Bordner Associates, a partnership consisting of C. W. Bordner, Ronald Reynolds, Greg Bordner, Richard Stapleman and Harold Seymour.* In 1974, the partners formed a South Dakota corporation...

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