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YOUNG BROS. CONST. CO v. ROLLINS BURDICK HUNTER

No. 5799.

659 P.2d 1168 (1982)

YOUNG BROTHERS CONSTRUCTION COMPANY, INC. and William Bittner, a joint venture, Appellant, v. ROLLINS BURDICK HUNTER OF ALASKA, INC., an Alaska corporation, Appellee.

Supreme Court of Alaska.

Rehearing Denied February 25, 1983.

Attorney(s) appearing for the Case

Patrick Owen, Birch, Horton, Bittner, Monroe, Pestinger & Anderson, Anchorage, for appellant.

Vincent Vitale and Natalie K. Finn, Law Offices of Vincent Vitale, Anchorage, for appellee.

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

OPINION

BURKE, Chief Justice.

The main issue in this appeal is whether a co-venturer had authority to sign a promissory note which would bind the joint venture to pay a debt of insurance premiums. The trial court granted judgment in favor of the insurer, holding the joint venture jointly and severally liable for the entire amount of the note. We reverse.

In 1973, Donald, Herbert, John, and Jerry Young formed a partnership to engage in general construction...

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