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INTERN. ENGINEERING CO. v. DAUM INDUSTRIES

No. 13377.

630 P.2d 155 (1981)

102 Idaho 363

INTERNATIONAL ENGINEERING COMPANY, INC., a corporation, and Emkay Development and Realty Company, Plaintiffs-Appellants, v. DAUM INDUSTRIES, INC., a corporation, and Double "D" Land, Inc., a corporation, Defendants-Respondents.

Supreme Court of Idaho.

June 15, 1981.

Attorney(s) appearing for the Case

Richard G. Smith and Gary D. Babbitt, Boise, for plaintiffs-appellants.

Robert H. Copple, Boise, for defendants-respondents.

SHEPARD, Justice.

This is an appeal from a judgment entered following a trial to the court. The appeal primarily concerns conflicting claims by joint venturers to a promissory note upon dissolution of the joint venture. We affirm.

In 1970 Morrison-Knudsen and Daum Industries became joint venturers in Makad, Inc. a corporation organized for the purpose of developing and operating retail shopping centers. Each owned 50% of Makad's capital stock. Daum acted as...

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