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Show 10CJ 242 Faber, Danny Douglas W. MONDAY, NOVEMBER 25, 1974 INTERMOUNTAIN COMMERCIAL RECORD PAGE SIX 1800 So. Murray, Inc. 5I450 Green St. Murray, (terminated Liab $4,339,194.99; Assets $826,131.39; Exempt none truck driver (Karl J. Faber ) Liab. $13,177.09 ll7) Assets $4,983; Exempt $188; 111271 1005 - Heath, Jo Russell 2780 Morgan Drive, housewife, Liab. $7,596 Assets $1,81)6.50; Exempt $782; 111271 1006 - Kapsimalis, Aleck 1113M 1009 l7 - Arnold, Richard Paul South State St. Printer (Newspaper Agcy) Liab $20,610.82; Assets $350.67; Exempt $318; lll474 1010 - Richard, 3037 W. 2920 South, warehouseman (A. M. Castle & Co.) Davis, Kenneth Lee P. 0. Box 788 Roosevelt, Utah, lineman (Uintah Basin Tel Co. ) Liab $54,759.45; Assets $1,075; Exempt Liab $7,362.75; Assets $325; Exempt $125; 1112 1007 - Sanchez, Fred E. 69OO South, 1700 West, West Jordan, elect .Mechanic (General Electric) Liab $3686.29; Assets $50; Exempt $50: 111274 Bn Bankruptcies 111571 - LaJH.es, aka La Ri.es 1008 $1,513; 1115M 1011 - Andisher, Shahram 863 East 2nd So. student (U of U ) Liab $1,065 Assets $276; Exempt mone $715; Exempt $i050; - Kerr, Richard Oliver aka Richard 0. Kerr 1012 3792 Rockwood Way,Apt 166 First Operator (Hercules Inc.) Liab $3,288.03; Assets $1,199; Exempt $253; H157I - Kerr, Susan Eileen Jlardln, aka Susan Kerr, aka Susan E. Kerr, aka 1013 Susan Harden aka Susan E. Hardin; 3792 Rockwood Way, 166; unemployed Liab $3,288.03; Assets $1,199; Exempt $253; 111571 1015 Box - Johnson, Jere Brennan aka Jeremiah Johnson 2225 South 5th East sales trainee, I&tchmaker Realty Marketing Systems Liab $8,525.66; Assets 1014 The Supreme Court of The State of Utah (Turner Bldg Supply, Heber) Liab $3,096,141; Assets $365; Exempt $75; lll5 609 Assets $2,871.60; Exempt 111874 none 616 - Mooney, Sandra Ranea 386 Utopia, Dis. IO157V 613 - Gurvitz, Barry Randall, dba Brighton Carpet Cleaning, 4240 South Discharges In Bankruptcy - Major Oil Corpn. Dis. 102571 631 300 East, Dis. IO297I - Anderson, Karen Lee 650 South lth East, Dis. IO297I 653 - Fata, Edith Joan 971 Oakley, Dis. IO29M1 159 1972 517 - Crimm, Maurice Edwin' Dis. 1017! Preece, Dis. IO287I I. Howard 657 - Fowlks, Alice Grace 127 East 7160 South, Midvale, Dis. . Gle- is, 3806 South 1220 West Granger, Dis. 103171 Dis. 10774 821 - Baker. John Charles Dis. 102474 856- Tuttle, Lucille Whitton, Dis. lOu71 866 - Finch, Kent Carlos Dis. 101571 917 - Magee, Harold Layne Dis. 102274 925 - Gren, Frank Gary Dis. 102271 93! - Ball, Dorothy Dis. 10971 939 - Lemmon, Clarence James, Dis. 101571 9l9 - Badovinatz, Joey Lee Dis. 10271 952 - Booker, Donovan Eugene, Dis. IO187I 968 - Fox, Linda Dale Burch, Dis. 10307 973 - Longaire, Fredrick Stanley, Dis. 102274 989 - McQuiston, Jacob Homer, Dis. IO227I 1025 - Haffner, Harold Leroy, Dis. 102574 1036 - Rodriquez, Kathleen, Lindsay, Dis. 1022 10l5 Sigler, Phillip 672 - Fife, Beverly 172 West 5000 South Dis. 103171 676 - Taylor, Robert D. 116 Grant Ave, Ogden, - Facilities, Inc. 1945 South 11th East, Dis. IO187I 25 - Salazar, Lewis E. 1139 2lth St. Ogden Dis. IO87I 17 - Clifford, Hazel Joy -- 30 No. 700 East, Centerville, Dis. IO97I 66 - Gozales, Charlotte Jane, Dis. IO177I 2875 Ho. Hill Field Rd. Layton, mh. Dysart, Thomas 2016 Robins, Ogden, Dis. IO117I 1'2 - Johnson, Thomas Eugene, 365 E. Pages Lane, Apt. 1, Centerville, Dis. 101171 581 - Loghry, Harlen LeRoy Alvin 75 West 250 Ho. Dis. Lot 21 . Dis 101671 Clearfield, 582 - Loghry, Barbara Jean 10771 - Kilpack, Robert E. East 2880 South Dis. 10ll7l 139 - Hollinger, Raymond Bernell, 1738 So. Main Dis. 102974 l8l - Davis, Marvin Wayne, 52ll Cobble-cree- k 3l 75 West 250 No. Lot 2311 WE CONCUR: Ellett, Justice R. L. Tuckett, Justice Dis. 101671 2l2 - Robinson, Delbert Edwin, 337 E. Center Lopez, 2935 Wall Ave, Dis. IO167I Carol Elaine 305 West Center, Bountiful, Dis. IO167I 599 - Fenwick, Walter Frank 3443 Harrison Blvd, Ogden Dis. 103171 600 - Fenwick, Cheryl Lee 3'13 Harrison Blvd, Ogden, 28. Sorensen, 142 No. 900 West, Provo, Dis. 10271 336 - Shea, Richard David, 5. See 38 Am. Jur. 2d 1116, Guaranty, Sec. 110. 6. Jones v. Acme Bldg. Products Inc. , 22 Utah 2d 502, 450 P. 2d 743. (Dissenting) I do so on what the main opinion says factually was the case, - plus one or two other facts, not controverted, not mentioned in the opinion, - but which in my opinion are dispositive of this case antithetically. These very important, uncontradicted facts are as follows: Dis. 102974 - Kirkland, Susan Eleanor, 445 32nd St. Ogden Dis. 10l574 651 - Johnson, Edward S. 526 30th St. Ogden, Dis. 102974 652 - Johnson, Irene 613 Dis. IO97I - KLelson, Leland Keith, 1515 West 5335 South, Kearns 1097 - Follett. Colleen Jr. 150 W. 7200 So. 526 30th ee II. The boats, subject of this litigation and the "flooring" plan mentioned in the main opinion, were sold to the, plaintiff, Westinghouse, 10 that it was Westinghouse' s duty, and its alone, being the owner, to repossess, - which it peremptorily refused to do, - although requested so to do by Hydroswift. The above undisputed evidence cannot be ignored by a trial court even under the appellate safety-valv- e that the trier of the facts has a better opportunity to observe the demeanor of the witnesses, etc. St. Dis. IO297'i Ogden 63 Midvale, Dis. 10971 - Brewer, Roberta Jane, P. 0. Box 703, Tooele, Dis. 103074 351 357 - '7'6 Dis. War die, Madge W. Murray Power W. R. BAGLEY 1310 So. 300 V. JACK K. 612, Panguitch,Ut. Dis. 101574 372 - Roe , Marilyn Ann 1261 East 1085 South Dis. 10317' 111 - Emerson, William Holland II, 00. SUPPLY 1709 So. 200 V. 1027' 368 - Howard, John "I" TRIPLE 1835 Couth Box I. The guaranty agreement on which Westinghouse solely relies, specifically precludes any legal action based thereon with respect to the matter of a guarantor-guarantrelationship, when it says clearly to "The that Westinghouse signature of each corporate guarantor must be a supported by certified copy of a board resolution or bylaw naming the officer or officers authorized to sign." This was blackbordered, obviously for emphasis. There is no evidence whatever of any compliance with this clear condition precedent. Raymond, Ogden, Dis. 103174 603 - Chock, John Charles 2646 Grant Ave, Ogden 1012 E. 900 South, 333 - 584 Fairview Utah,Dis. 109 2l6 - Clark, Kenneth Roger 3. White v. Western Empire Life Ins. Co., 11 Utah 2d 227, 357 P. 2d 483. 4. Under the traditional rule that we look at the facts In the light favorable to the findings and judgment, see Hardy v. Hendrickson, 27 Utah 2d 251, 495 P. 2d - Luevana, Josephine 583 St. 327 2l, Clearfleld,Dis. 10167! Road, Dis. IO297I 219 - Gates, Monty Ira 8587 Susanway Dr. West Jordan, Dis. 10271 226 - Domino, Suzanne A. 823 East Claybourne Affirmed. Costs to plaintiff (respondent). Fred- rick, 2037 W. 1250 So. Roy, Utah Dis. 103174 118 - Shrodes, Janice Ruth , 1167 E. 1800 South, - Clark, Donald 101 Dis. lOU71 Duane, 102974 - Juggeri, Sherry Fay ' Dis. 103171 667 - Miller, Iforeen Harr- -. 661 nn, Dis. 103171 739 - Trujillo, Joe Rudy On the basis of that clear and unequivocal commitment, and in accordance with what has been said herein, the trial court was justified in rejecting the defendant's contentions, and in making its findings and judgment that Hydroswift is obliged to make good on the guaranty agreement. I respectfully dissent. Dis. 101571 - Jessop , Lynn A. ll27 Bloomfield Place Dis. 1015M nce Serviceman, (Al Fro Service) Liab $10,921.48; Dis. IO97I 292 - Goodrich, Kenneth The undersigned Hydroswift does unconditionally guarantee the payment, not merely the collection, of all indebtedness, regardless of form or manner in which incurred, . ; .. HENRIOD. Justice: Dis. 101574 596 - Bruckner, Randy Lea 836 South 5th East, 16 1016 - Martin, Elwood Alfred 2075 Bo Mar Drive, applia- 32 A. H. 595 1973 50 - Semon, Arthur Fred Defendant's argument in support of its second defense is that after plaintiff Westinghouse Credit had noticed that L it S Boat was selling boats in violation of Its agreement, and despite requests by the defendant, Westinghouse nevertheless failed and refused to take any affirmative steps to repossess the boats and protect itself and the defendant from loss. We have no disagreement with the proposition advocated by the defendant, that if it could have shown that the plaintiff violated some legal duty owed the defendant, and either negligently or fraudulently caused the loss, the obligation may have been avoided. But the defendant failed to so persuade the trial court; and the evidence does not compel any such finding. The position urged by the defendant Hydroswift seems but an effort on its part to shift to Westinghouse the responsibility of using any legal means available to compel L lc S Boat to pay off the contracts; and thus to protect defendant Hydroswift from loss under Its guaranty. Whether a creditor (Westinghouse) has a duty to pursue the debtor (L fc S Boat) as a predicate to action against a guarantor We ther efore (Hydroswift) depends on the nature of the guarantor's promise. look to the terms of the contract. Its only provision relevant to that Issue states: E. R. Callister, Jr. , Chief Justice - Hansen, Janet Marion Hester, 195 Allen St. 22, Midvale, - McKinnon, Bandy Lewis 296, Heber City, 111574 is that in the original transaction Westinghouse Credit advised Hydroswift that it would not agree to the proposed financing plan unless Hydroswift would furnish written guaranty of the L k S Boat account. The requested guaranty, dated March 17, 1972, signed by Roy S. Ludlow as president of Hydroswift Corporation, was delivered to Westinghouse Credit; and on the basis thereof business was carried on for the remaining months of 1972. During that time the financing plan as recited above appears to have operated satisfactorily since Hydroswift continued to accept its payments in the regular course of business. It was not until after the difficulty developed as above set forth that the defendant Hydroswift came forward with a claim that the guaranty had not been- authorized by' its board of directors. It is our opinion that, in harmony with the principles hereinabove set forth, there is ample basis in the circumstances shown to support the view taken by the trial court that Hydroswift should be deemed to have executed the guaranty. Discharges In Bankruptcy BLAINE R. BERGER k66h Boxelder F. NICHOLS 4903 Boxelder SHARON JAMES M, BATEMAN 53l2 Baldwin Pk. 1182 So. 16th East, Dis. IO307I 119 - Sanchez, Paul 23 East 100 Ilorth, Spring-villUt. Dis. I097J 560 - Burr, H. Robert 4574 South 2nd East, Murray, Dis. 103171 579 - Butterfield, Richard 5525 Willow Lane, Apt. 3i Murray Warwick, Dis. 102971 591 - Fuller, Brcnda "160 First Ave, Apt Dis. 101571 Kay 10) REX EGBERT BALLOT! 57 So. 235 e. nr ROBERT PAUL COOK e, 753 Vine St. ALLEN D. BROSIUS 5766 Lindon WILLIAM 5440 St. FREDRICK C willow H00LH0RST Ln. WILLIAM D, OWENS 5547 Willow Ln. ROSS CREG0RY IRVIN 5552 F willow Ln. D. WOOD VA DD 425 Creeks ide B RON ERNEST G. MILLER 400 Creekside ft? |