HEATH TECNA CORP. v. ZIONS FIRST NAT. BANK

No. 16474.

609 P.2d 1334 (1980)

HEATH TECNA CORPORATION, Plaintiff and Appellant, v. ZIONS FIRST NATIONAL BANK, Defendant and Respondent.

Supreme Court of Utah.

March 27, 1980.


Attorney(s) appearing for the Case

David B. Boyce of Backman, Clark & Marsh, Salt Lake City, for plaintiff and appellant.

John A. Beckstead of Callister, Greene & Nebeker, Salt Lake City, for defendant and respondent.


WILKINS, Justice:

Plaintiff Heath Tecna Corporation (hereafter "Plaintiff") appeals from a summary judgment granted to Defendant Zions First National Bank (hereafter "Zions"). We reverse and remand for further proceedings consistent with this opinion.

On July 7, 1975, Zions made a loan for $20,000 to Elwood G. Norris (hereafter "Norris") and Jon A. Hooper (hereafter "Hooper"), d/b/a Sound Systems Company. Norris and Hooper signed the note for Sound Systems...

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