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DIXON v. THATCHER

No. 17835.

742 P.2d 1029 (1987)

Richard P. DIXON and Sharon E. Dixon, Appellants, v. R.H. THATCHER, E.E. Buchanan and C. Reade Kaley, Respondents.

Supreme Court of Nevada.

September 30, 1987.

Attorney(s) appearing for the Case

C. Nicholas Pereos and Laurie A. Yott, Reno, for appellants.

Guild, Hagen & Clark, Ann Morgan, and C. Joseph Guild III, Reno, for respondents.

OPINION

PER CURIAM:

The Dixons borrowed money from Lemons and Associates which was secured by a promissory note and deed of trust. Lemons assigned the note and deed of trust to R.H. Thatcher and his niece, E.E. Buchanan. Lemons continued collecting monthly payments on behalf of Thatcher and Buchanan. Stewart Title of Northern Nevada set up an escrow in order for the Dixons to pay off the entire loan and sent a check for $62,339.50 to Lemons. Lemons declared...

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