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MASON v. WESTERN MORTG. LOAN CORP.

No. 880070-CA.

754 P.2d 984 (1988)

Cleo B. MASON, Plaintiff and Respondent, v. WESTERN MORTGAGE LOAN CORPORATION, Defendant and Appellant.

Court of Appeals of Utah.

May 19, 1988.

Attorney(s) appearing for the Case

Gregory S. Bell, David F. Wahlquist (argued), Merrill F. Nelson, Kirton, McConkie & Bushnell, Salt Lake City, for defendant and appellant.

Jackson Howard (argued), Leslie W. Slaugh, Danielle Eyer Davis, Howard, Lewis & Petersen, Provo, for plaintiff and respondent.

Before BENCH, DAVIDSON and ORME, JJ.

OPINION

BENCH, Judge:

Defendant appeals from an award of judgment interest. We reverse and remand.

In 1977, plaintiff Cleo Mason entered into two loan agreements with defendant Western Mortgage Loan Corporation (Western) under which Western would provide approximately $54,000 for the construction of two houses. While Western disbursed $25,000 of the construction funds upon joint authorization of Mason and her general contractor, $29,000 was disbursed...

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