Franco v. Peoples National Bank

— The Francos and the Andersons appeal the dismissal of their lawsuit in which they sought contribution or exoneration from the Learners and the Kristiansens, coguarantors of a corporate debt, for their pro rata share of such debt.

Prior to 1974, the Andersons, Learners, Kristiansens, and Hansons were shareholders in, and in certain cases were officers and directors of, a Washington corporation known as AccuComp, Inc. By separate agreements, these people personally guaranteed "all bank indebtedness" AccuComp owed to Peoples National Bank. The relevant provisions of the guaranties are set forth…