Midland National Bank v. Security Elevator Co.

Action on a guaranty of indebtedness of defendant Security Elevator Company to plaintiff. Defendant Kipp alone appeals from .an order denying his motion for judgment notwithstanding the verdict or a new 'trial, after the direction of a verdict for plaintiff for the full amount claimed.

The indebtedness for which recovery is sought is evidenced by two notes of the elevator company to plaintiff, one of December 22, 1921, for $25,000, another of December 27, 1921, for $25,000. Only small payments have been made so that defendant (appellant Kipp will be so referred to), is liable, if at all, for…