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MILLER v. CELEBRATION MINING CO.

No. 990521.

29 P.3d 1231 (2001)

2001 UT 64

Thomas F. MILLER, James Kontes, and United Silver Mines, Inc., Plaintiffs and Appellants, v. CELEBRATION MINING COMPANY, Royal Silver Mines, Inc., Howard Crosby, and Does 1 through 50, Defendants and Appellees.

Supreme Court of Utah.

July 31, 2001.

Attorney(s) appearing for the Case

Samuel D. McVey, Salt Lake City, for plaintiffs.

Joseph C. Rust, Salt Lake City, for defendants.

DURRANT, Justice:

¶ 1 In April 1994, Thomas Miller, former president of the administratively dissolved corporation United Silver Mines, Inc., and Howard Crosby, the chairman of Celebration Mining Company, allegedly entered into a written agreement. This agreement purported to give Celebration an interest in the Vipont Silver Mine, which Miller represented as being owned by United, in exchange for cash, shares of Celebration's common stock, and other expenditures...

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