Waite v. Salestrom

This action was begun in the District Court by Roland F. Waite, appellee here, for reformation of and recovery of a money judgment upon a promissory note of which he was the holder and payee, and of which the defendants, Ron Salestrom, Philip Gardner, and their spouses were the makers. The purpose of the reformation was to strike from the note the following words: “without recourse except to the property covered by the T.D. Signed as General Partners for Ozark Sky rise, Ltd.” The defendants defaulted and the court granted the requested reformation and rendered a money judgment for the…