First State Bank of Sinai v. Hyland

HENDERSON, Justice.

PROCEDURAL HISTORY/ISSUES

Plaintiff-appellant First State Bank of Sinai (Bank) sued defendant-appellee Mervin Hyland (Mervin) seeking to hold him responsible for payment on a promissory note which he cosighed. Upon trial to the court, the circuit court entered findings of fact, conclusions of law, and judgment holding Mervin not liable for the note’s payment. Bank appeals advocating that the court erred when it ruled that(1) Mervin was incompetent to transact business when he signed the note;(2) Mervin’s obligation to Bank was void; and(3) Mervin did not subsequently…