Zions First National Bank v. Hurst

CROCKETT, Justice:

Plaintiff, Zions First National Bank, sued defendant, Paul K. Hurst, to recover $50,- 000, the amount of a guaranty agreement which the defendant had executed. Defendant admitted executing it but asserted as defense that he had not been given notice of plaintiff’s bank’s acceptance of the guaranty and of its extending credit in reliance thereon. Upon a trial to the court, it made findings and entered judgment in favor of the plaintiff for the $50,000, with interest and attorney’s fees as provided for therein.

The defendant Hurst was an “officer and director” of Intermountain…