Legal Opinion
Dakota Bank & Trust Co. of Bismarck v. Reed
North Dakota Supreme Court
Decided March 26, 1987No. Civ. 11265PublishedCited by 7 opinions
1Opinion of the Court
MESCHKE, Justice.
Kenneth Reed and Monroe Chase appeal from a district court order which denied their Rule 60(b), N.D.R.Civ.P., motions for relief from judgments holding them liable as guarantors. We affirm.
During July 1975, the Bank of Kirkwood Plaza, now known as the Dakota Bank & Trust Co. of Bismarck [Bank], extended credit to Commander Aviation Corporation [Commander], whose business was selling and leasing airplanes. At that time Reed and Chase, officers of Commander, apparently executed personal guarantees for payment of the future indebtedness of Commander. On June 15, 1981, the Bank…
2Cases cited15 opinions
- Fleck v. FleckNorth Dakota Supreme Court · 1983
- S. M. Flickinger Co. v. 18 Genesee Corp.Appellate Division of the Supreme Court of the State of New York · 1979
- Michigan National Bank v. MarstonMichigan Court of Appeals · 1970
- Farmers State Bank of Leeds v. ThompsonNorth Dakota Supreme Court · 1985
- Spillers v. First National BankAppellate Court of Illinois · 1980
10 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- State v. GagnonNorth Dakota Supreme Court · 2012
- Throndset v. L.L.S.North Dakota Supreme Court · 1992
- Lindberg v. Williston Industrial Supply Corp.North Dakota Supreme Court · 1987
- Stewart v. HenningNorth Dakota Supreme Court · 1992
- United Bank of Bismarck v. SellandNorth Dakota Supreme Court · 1988
2 more not listed; retrieve them via the Exa API.