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CLOSE v. ADAMS

No. 18204.

657 P.2d 1351 (1983)

Douglas Fairbanks CLOSE, Plaintiff and Appellant, v. Allene Close ADAMS, Defendant and Respondent.

Supreme Court of Utah.

January 21, 1983.

Attorney(s) appearing for the Case

Lyle J. Barnes, Kaysville, for plaintiff and appellant.

Pete N. Vlahos, Ogden, for defendant and respondent.

DURHAM, Justice:

The appellant Douglas Fairbanks Close appeals from a judgment of the trial court which imposes a constructive trust on stock he held as a joint tenant with Edith Branscomb, now deceased. We reverse.

Edith Branscomb was the mother of the appellant and the respondent Allene Close Adams. In 1962, Edith Branscomb conveyed her home by warranty deed to herself and the respondent as joint tenants. In addition, Edith Branscomb transferred 740 shares...

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