First National Bank & Trust Co. of Dickinson v. Meyer Enterprises, Inc.

MESCHKE, Justice.

Donald L. Sessions, Lois R. Sessions, and Dana Investment Co. [collectively, “Ses-sionses”] appealed from a money judgment in favor of First National Bank, based on a contract of guaranty. They claimed novation, revocation and exoneration. We affirm.

The Dickinson Energy Center [“DEC”] was created to develop real estate in Dickinson, North Dakota. Meyer Enterprises, Inc. and Evanston Industrial Center were equal partners in the venture. Evanston Industrial Center was itself a partnership made up of five corporations, including Dana Investment Co., owned by Donald L. Sessions…