Rainier National Bank v. Clausing

Herbert P. Clausing appeals from a judgment entered against him as a coborrower and as guarantor on past due loans from Rainier Bank (Bank). He assigns error to: (1) the trial court's imposition of liability upon his marital community; (2) the trial court's failure to void his contractual obligation because of the Bank's alleged misrepresentations; and (3) the trial court's award of interest. We find no error and affirm.

BW Industries (BW) was a corporation engaged in the manufacture of cement pumping equipment. Peter Wilton was its sole stockholder. On June 21, 1978, Wilton borrowed $20,000…