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COWEN AND CO. v. ATLAS STOCK TRANSFER CO.

No. 18739.

695 P.2d 109 (1984)

COWEN AND COMPANY, a partnership, Plaintiff and Respondent, v. ATLAS STOCK TRANSFER COMPANY, a Utah corporation, and Global Oil Company, a Utah corporation, Defendants and Appellants.

Supreme Court of Utah.

December 27, 1984.

Attorney(s) appearing for the Case

James N. Barber, Barber, Verhoes & Yocom, Salt Lake City, for defendants and appellants.

Randy L. Dryer, Byron W. Milstead, Parsons, Behle & Latimer, Salt Lake City, for plaintiff and respondent.

HALL, Chief Justice:

Defendants appeal a summary judgment in favor of plaintiff. The district court granted the summary judgment on the issue of defendants' joint and several liability to plaintiff for breach of Atlas Stock Transfer Company's (Atlas) duty to transfer shares of Global Oil Company's (Global) stock in a timely manner under U.C.A., 1953, § 70A-8-401. Defendants...

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