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CLAIRMONT v. STATE BANK OF BURLEIGH CTY. TRUST.

Civ. No. 9752.

295 N.W.2d 154 (1980)

Dean CLAIRMONT, d.b.a. Classic Automobiles of Bismarck, Ltd., and Classic Automobiles of Bismarck, Ltd., Plaintiffs and Appellants, v. STATE BANK OF BURLEIGH COUNTY TRUST COMPANY, Defendant, Third-Party Plaintiff and Appellee, v. John IGOE, Third-Party Defendant and Appellee.

Supreme Court of North Dakota.

July 22, 1980.

Attorney(s) appearing for the Case

Lundberg, Conmy, Nodland, Rosenberg, Lucas & Schulz, Bismarck, for plaintiffs and appellants; argued by Patrick A. Conmy, Bismarck.

Wheeler, Wolf, Wefald, Peterson & McDonald, Bismarck, for defendant, third-party plaintiff and appellee; argued by David L. Peterson, Bismarck.

SAND, Justice.

Dean Clairmont, d. b. a. Classic Automobiles of Bismarck, Ltd., appealed from the judgment of the Burleigh County district court which dismissed his complaint against the State Bank of Burleigh County Trust Co. for tortious conversion of personal property and business libel.

During the summer of 1978 Clairmont organized Classic Automobiles of Bismarck, Ltd., for the purpose of buying and selling "investment automobiles," which by their rarity...

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