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S & B MIN. CO. v. NORTHERN COMMERCIAL CO.

No. S-2990.

813 P.2d 264 (1991)

S & B MINING COMPANY, a Washington limited partnership, William M. Swayne II, individually and as a general partner, Kay Baird, individually and as a general partner, Rodney Williams, individually and as a general partner, Baird & Williams Investment Advisors, Inc., a general partner, jointly and severally, and Chena Mining, Appellants, v. NORTHERN COMMERCIAL COMPANY d/b/a NC Machinery Company, Appellee.

Supreme Court of Alaska.

June 7, 1991.

Attorney(s) appearing for the Case

Michael W. Dundy and Douglas C. Perkins, Hartig, Rhodes, Norman, Mahoney & Edwards, Anchorage, for appellants.

Matthew G. Reynolds, Hughes, Thorsness, Gantz, Powell & Brudin, Anchorage, for appellee.

Before RABINOWITZ, C.J., and BURKE, MATTHEWS, COMPTON and MOORE, JJ.

OPINION

RABINOWITZ, Chief Justice.

The central issue in this appeal is whether the superior court erred in granting summary judgment in favor of Northern Commercial Company against S & B Mining Company and William M. Swayne II.

I. FACTS AND PROCEEDINGS

In July of 1980, Baird & Williams Investment Advisors, Inc. ("B & W") and William Swayne II, as general partners, formed S & B Mining Company ("S & B") to conduct gold...

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