Stockwell v. Bloomfield State Bank

William G. Stockwell and Marilyn Stockwell, defendants-appellants, bring this appeal following a judgment against them in the sum of $8,240 plus interest and attorney’s fees of $500.

The action was initiated when the Bloomfield State Bank (Bank), plaintiff-appellee, filed its complaint on a promissory note executed by the Stockwells and Donald and Natalie Carty.

The facts most relevant to this appeal indicate that Donald Carty had originally attempted to borrow $10,000 from Bank in 1971. The loan had been refused due to lack of security. Upon obtaining the signatures of the Stockwells the loan…